Scott Pruitt, who plays the role of Darth Vader in Trump’s Evil Empire, told an audience at the Kentucky Farm Bureau on Monday that he is in favor of ending all tax credits for wind and solar power as soon as possible. His statement makes his unwavering allegiance to gospel according to Charles and David Koch […]
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(From our sister blog, Cleantechnica) As part of pushing for tax cuts for the rich, today Republicans filibustered (would not allow an up or down vote on) the Baucus Amendment that would have extended the deadline for solar projects to get a 30% cash grant. (Previous story: Solar Cash Grant Extension to be in Saturday’s Tax […]
The $3 billion in grants are designed to temporarily replace the production tax credit that has been a critical factor in the growth of renewable energy capacity in U.S.
The stimulus package changed some of the rules for tax credits for energy efficiency. Many of these changes should make energy efficiency expenditures a no-brainer for small businesses and homeowners.
As part of the Senate’s proposed tax stimulus plan, tax credits of up to $7500 have been included for plug-in electric vehicles! This is huge proposal and signifies the Senate is willing to work with President Obama to wean the United States off its dependency on foreign oil.
The Senate proposal would double the number of cars eligible for the credit, as well as stimulate the economy through sales of plug-in electric hybrid vehicles when they hit the showrooms this fall.
Obama and McCain agree on the goals of energy and climate policy. Both candidates acknowledge global warming is man-made and advocate a mandatory cap-and-trade policy in the United States for dealing with carbon emissions — something the Bush administration opposes. They’re also largely in agreement over reducing oil consumption and investing in new energy technologies.
Among the “sweeteners” added to last week’s $700 billion financial bailout was the extension of the Energy Efficient Green Building Tax Deduction.
But the presumptive Republican presidential nominee will not be receiving any “Man of the Year” plaques in Michigan any time soon, because he also told the audience of more than 500 GM workers that he would let individual states set tailpipe emission regulations.