As part of the $3.5 trillion spending bill approved last month, a draft budget brought forward by the US House of Representatives has seen multiple renewable energy project development incentives variously revived, extended and unveiled for the first time. Specifically, this comes from the House Ways and Means Committee, which has published its Committee Print for Subtitle G – a list of renewable and energy efficiency-related measures for the budget reconciliation process. The incentives involved are, mostly prominently, the Investment Tax Credit (ITC) and Production Tax Credit (PTC), though almost no part of the energy sector has been ignored. Before describing in detail all the plans for massive spending, it should be noted that one Democrat in the 50-50 Senate…