Tag Archives: taxes
In Focus: Current Alternative Energy Tax Breaks
Production Tax Credits The tax credits for producers of renewable energy, such as from wind energy, solar power, fuel cells, geothermal systems, and combined heat and power systems, were extended through the year 2013. Wind farms receive the largest tax credit – 2.2 cents per kilowatt-hour. Other producers receive a tax credit of 1.1 cents [...]
Obama To Protect US Airlines From EU Emissions Trading Scheme Taxes
One of Barack Obama’s first climate-related actions since winning his second term of office has been to sign a bill preventing US airlines from complying with EU regulations regarding emissions. Or more specifically the taxes required by the European scheme from all airlines flying into European airspace. The American aviation industry will no doubt be [...]
Green Technology Duties Eased in Asia-Pacific Regions
Despite ongoing solar industry trade disputes involving China, a group of 22 Asia-Pacific nations has agreed to reduce import duties for green technologies that grow their economies without hurting the environment starting in 2015, reports The New York Times. The agreement by the 21-member Asia-Pacific Economic Cooperation (APEC) forum sets import duties of 5% or [...]
Romney + Ryan = RIP Clean Energy
Despite pledging to protect American employment, Republican presidential candidate and former Massachusetts Gov. Mitt Romney opposes critical clean energy policies that will encourage investment and create jobs on American soil. Gov. Romney wrote in a Columbus Dispatch op-ed that, “In place of real energy, Obama has focused on an imaginary world where government-subsidized windmills and [...]
Amonix Closes Nevada Factory
After the recent news of Amonix closing its North Las Vegas, NV factory and the other bad news from Amonix, I am returning to my practice of labeling concentrating photovoltaics (CPV) “The zero-billion-dollar market.” I had shelved that phrase, and in a rare instance of optimism, had tried to be patient and understanding with PV’s [...]
U.S. Carbon Tax Talk on the Rebound
It might only apply to industry emissions and nary a Republican would dare admit to seriously considering it, but talk of a possible carbon tax is making the rounds in political Washington and elsewhere. Think about it. A carbon tax does not lack for support among mainstream energy and fiscal policy experts; it has drawn [...]
Taxes: Big Reason Solar Powered Schools are Sprouting Up
Beginning in the fall of 2012, five district schools in the Saint Louis, Missouri, area will be powered with solar energy. Students will be able to watch the process and learn from the upgraded green energy providers by monitoring the systems in their classrooms. The five lucky schools are leasing five solar panels for 20 [...]
Solar Subsidies vs. Fossil Fuel Subsidies
As reported in Reuters, researchers at the University of Tennessee’s Baker Center for Public Policy recently published a report indicating that the US government’s support for solar energy is absolutely no different than support for other energy sources, despite what fossil fuel companies would have you believe. The reality of the subsidy situation is quite [...]
Go Green and Lower Your Taxes?
Governments are now encouraging its citizens to honor and advocate the Go Green project that was initiated years back. However, compared with the preceding project, the Go Green act is now looking to secure more supporters by stringing in the activity with an incentive a lot of citizens will surely be interested in – tax [...]