On June 17, U.S. Senator Sherrod Brown (D-Ohio), introduced the “Investments for Manufacturing Progress and Clean Technology (IMPACT) Act of 2009,” which would initiate a $30 billion revolving loan program to facilitate manufacturers shift resources into the clean energy industry. Details on this new legislation are available on Sen. Brown’s official website. The bill [...]
CARSON CITY, Nev. (AP) — Nevada lawmakers gave final approval Thursday to two major renewable energy measures, including one that was revised to extend tax incentives to geothermal power companies.
One bill renews tax abatements that were set to expire in July 2009. Assemblywoman Marilyn Kirkpatrick, D-North Las Vegas, and other lawmakers worked to ensure [...]
It was a tale of two budgets.
For many environmentalists and the renewable power sector, President Obama’s $3.6 trillion blueprint released yesterday would provide a flush of new cash to spur the development of energy-efficient buildings and carbon-free wind and solar farms. It also would add new money to ready U.S. EPA for the global warming [...]
Stimulus bill offers credit for upgrades
Earth Day is Wednesday, and if you’re looking to make your home more energy-efficient, you can find a host of tax credits — if you do a little homework. Q: Has the federal stimulus bill changed the tax credits available for energy-efficient upgrades? A: Yes. Credits for last year’s [...]
If you’ve been eyeing a gorgeous, efficient and expensive new picture window for your living room, the recently enacted stimulus bill may be the tax equivalent of a “30-percent off sale.”
Two recent pieces of federal legislation, October’s bank bailout bill and last month’s economic stimulus package, include an array of tax give-backs for homeowners who [...]
President Obama signed a major piece of legislation into law on February 17th - a massive $787 billion spending bill that he and his fellow Democrats in Congress intend to leverage to revive the stagnant economy.
The bill emphasizes new technologies and endeavors over rehabilitation of old industry sectors - and has a particular focus on [...]
By Tom Doggett
WASHINGTON (Reuters) - The U.S. House Ways and Means Committee on Thursday approved $20 billion in energy tax credits and related financial incentives that are part of the Obama administration’s plan to revive the American economy.
The legislation’s energy tax breaks would benefit the wind and solar energy industries, encourage energy-efficiency improvements to existing [...]
