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 (more…)
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. (more…)
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 (more…)
President Obama recently released his newly outlined budget blueprint called “The New Era of Responsibility”, which includes the list of energy taxes in Obama budget as well as spending plans for the 2010 fiscal year and beyond. Apart from the provisions of the general level of federal expenditures, the blueprint includes much of the policy agenda of the president. (more…)