Obama Pledges $54 Billion For U.S. Nuclear Energy
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Obama gives $54 billion for nuclear energy
Monday, February 1st, 2010Hawaii To Stimulate Economy With Bold Energy Strategy
Monday, February 1st, 2010The 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. (more…)
39% growth in wind energy
Tuesday, January 26th, 2010Despite 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. (more…)
Schwarzenegger Unveils New Green Initiative for Spurring Clean Technology
Monday, January 18th, 2010Calif. Gov. Arnold Schwarzenegger has proposed to exempt green tech manufacturing equipment from sales tax as part of his California Jobs Initiative. This move is purported to spur the state’s clean technology growth.
Cobalt Biofuels, a developer of innovative technologies that enable the next generation of biofuels, has stated that they are building a new commercial (more…)
Living green gains tax breaks, saves cash
Monday, January 18th, 2010The average home owner in Gaston County pays $1,594 a year in energy costs, but could save almost $600 a year by becoming more energy efficient, according to the U.S. Department of Energy sponsored Home Energy Saver calculator. (more…)
Senator Harry Reid talked up geothermal energy
Friday, January 15th, 2010Senator Harry Reid talked up geothermal energy in New York today — his home state, after all, is full of hot rocks.
He told the participants in a geothermal energy conference what needs to be done to boost geothermal and other renewable energy projects — more tax credits and loan guarantees, more funding for transmission, a Federally mandated renewable energy minimum, and a price on carbon.
And he promised it was an urgent priority for him and the Senate. “We cannot be so busy that we cannot address comprehensive energy and climate legislation,” he said.
Read more from Forbes
Dow Corning and Hemlock Semiconductor Group to get $169 million in federal energy tax credits
Saturday, January 9th, 2010Hemlock Semiconductor Group and Dow Corning will receive approximately $169 million in federal energy manufacturing tax credits to support the growing solar technology industry.
The tax breaks are part of the Obama administration’s $2.3 billion Recovery Act Advanced Energy Manufacturing Tax Credits extended to 183 companies nationwide.
The tax credits include $141.9 million for Hemlock Semiconductor’s recently announced expansion of its Michigan polycrystalline silicon operations, and $27.3 million for a monosilane plant Dow Corning is building, according to a corporate news release.
Read more from the Leaf Chronicle
Texas Instruments Receives $51 Million in Tax Credits
Saturday, January 9th, 2010WASHINGTON – Texas Instruments will get a $51 million federal tax credit for building its new chip plant in Richardson, part of a stimulus-funded green-jobs program, the Obama administration announced Friday.
The tax credit is TI’s latest inducement for building its $500 million “RFAB” plant, which later this year will start producing semiconductor devices for solar panels, energy-efficient appliances and advanced utility meters.
Read more from Dallas News
President Obama Gives $2.3 Billion in Energy Tax Credits
Saturday, January 9th, 2010WASHINGTON (Reuters) – U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country’s unemployment rate remained stuck in the double digits. (more…)