Search Google, One Shared Planet or MSN Green

Google
 

Environmental Videos

Showing posts with label Tax. Show all posts
Showing posts with label Tax. Show all posts

Friday

Senate Democrats Introduce Renewable Energy Tax Credit Legislation

Official photograph of Maria Cantwell, U.S. Senator.Image from Wikipediahttp://www.renewableenergyworld.com/rea/news/story?id=52071&src=rss
Excerpt:
"United States Senators Maria Cantwell (D-WA) and John Ensign (D-NV) have introduced the Clean Energy Stimulus Act of 2008. The bill extends the commercial Investment Tax Credit (ITC) for eight years and removes the utility exemption."

Renewable tax credits likely to run out, leaving investment at home hanging

Renewable tax credits likely to run out, leaving investment at home hanging
Excerpt:
"On Wednesday, the U.S. House of Representatives passed bill H.R. 5351 to renew a standing investment tax credit for solar, as well as wind, biofuels and other renewable sources. But as in the past, the bill faces stiff resistance in the Senate and a veto from President Bush.

Most media sources have reported on the bill as if its future is still uncertain, but the general feeling among analysts, entrepreneurs and VCs that I’ve talked to is fairly gloomy. Most expect that the credits will run out, leaving the industry in the lurch until the changing of the guard in 2009."

Wednesday

Renewable Energy Leaders Urge Congress, Bush to Extend Tax Credits Quickly

Renewable Energy Leaders Urge Congress, Bush to Extend Tax Credits Quickly
Excerpt:
"Citing the possibility of job losses by the hundreds of thousands and the impact on a weakening economy, leaders of four major U.S. renewable energy trade associations Tuesday called on Congress and President Bush to extend production and investment tax credits that renewable energy developers, their financiers, and local and state governments are counting on to generate tax revenues and cleaner electricity."

Tuesday

When Will Congress Pass Tax Credits for Renewable Energy?

When Will Congress Pass Tax Credits for Renewable Energy?

Excerpt:
"Congress enacted a broad range of renewable energy tax credits in the Energy Policy Act of 2005, but most expire at the end of 2008. Geothermal projects are already feeling the impact of the approaching deadline, as companies must increasingly gamble on what Congress and the President will or will not do about these credits. Unfortunately, this means some projects could be downsized or put on hold."

http://www.renewableenergyaccess.com/rea/news/story?id=50427&src=rss