WASHINGTON — Despite the Obama administration’s efforts to create jobs making wind turbines in America, some companies say that sluggish demand for wind energy is holding them back.
The U.S. installed more wind power last year — 9,900 megawatts, or enough to power 2.4 million homes — than in any other year.
The growth in wind farm installations in the U.S. was a product of federal Read the rest of this entry »
The Renewable Energy Expansion Act would allow businesses and others who are awarded energy tax credits under the American Recovery and Reinvestment Act to choose between receiving the credit or receiving a cash grant, depending on what their needs are.
The ARRA included $13 billion to extend tax credits for renewable energy Read the rest of this entry »
Obama Pledges $54 Billion For U.S. Nuclear Energy
The Lingle-Aiona administration today reaffirmed its vision and commitment to a clean energy-driven Hawai‘i economy at an event marking the second anniversary of the Hawai‘i Clean Energy Initiative (HCEI).
Two years ago, on January 28, 2008, Governor Linda Lingle announced the unprecedented HCEI partnership between the State of Hawai‘i and the U.S. Department of Energy with the bold vision to transform Hawai‘i from the most foreign oil-dependent state in the nation to a secure and thriving economy based on tapping our state’s abundant local energy resources. Read the rest of this entry »
There are the obvious advantages to purchasing the better end of appliances and other aspects of one’s home and they include saving money on a month by month basis. Then there are the environmental and social benefits that come from using less energy, but what about other reasons? If you are into saving money then you most likely love to look for every possible way you can find to reduce the amount that you pay in taxes. Read the rest of this entry »
Cardinal Solar Technologies (ST) in Spring Green, Wis., a fully owned subsidiary of Cardinal Glass Industries, has been awarded a $7.7 million tax credit under President Obama’s stimulus plan to re-tool its Northfield, Minn., facility. The credit is available upon the facility’s progression from residential door and window coating operations to production of thin film coatings for use in the manufacturing of solar modules. Read the rest of this entry »
Despite a crippling recession and tight credit markets, the American wind power industry grew at a rapid pace in 2009, adding 39 percent more capacity. The country is close to the point where 2 percent of its electricity will come from wind turbines. Read the rest of this entry »
Tax credits may be taken advantage of through many types of house improvements, including environmentally friendly and highly efficient heating equipment such as the energy tax credit water heater. However, before you purchase one, make sure the heater you are planning to buy really qualifies for a tax credit. Read the rest of this entry »
Colorado Gov. Bill Ritter wants to speed up a plan to tax things such as candy and soda, pesticides and industrial energy use to help balance the state budget.
In the fall, Ritter proposed suspending or eliminating 13 tax exemptions and credits starting in July to raise $132 million to help balance next year’s budget. In December, lawmakers learned that tax revenues were forecast to Read the rest of this entry »
Governor Martin O’Malley today released his 2010 Energy Agenda focused on increasing renewable energy production and tax credits for Maryland families and workforce. Just days after introducing his economic agenda to create jobs, fuel innovation, and drive economic progress during these tough economic times, Governor O’Malley’s energy package works to support Maryland’s economy by increasing clean energy and green jobs in Maryland. Read the rest of this entry »