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Wind and Solar Tax Credits Extended

Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription Wind and Solar Tax Credits Extended Congress agreed on legislation that would extend the investment tax credit (ITC) for solar projects for two years and the production tax credit (PTC) for wind projects for one year. The full legislative package combines a $900 billion COVID-19 relief package and an omnibus spending bill for 2021 with tax extenders and energy policy changes. The solar ITC would continue to apply at 26% of eligible basis for any project that begins construction by the end of 2022. It would step down to 22% in 2023, and down to 10% in 2024 for commercial projects with the residential credit ending that year. Companies beginning construction on solar projects in 2021 would still have a four-year period to place their projects in service to take advantage of the ITC,

United statesKevin pearsonHeather zichalAbigail ross hopperStoel rivesAmerican clean power associationSolar energy industries associationRoss hopperஒன்றுபட்டது மாநிலங்களில்கெவின் பியர்சன்பாங்கி ரோஸ் ஹாப்பர்ஸ்டேல் ரிவேச்அமெரிக்கன் சுத்தமான பவர் சங்கம்சூரிய ஆற்றல் தொழில்கள் சங்கம்ரோஸ் ஹாப்பர்

Fossil, Renewable Energy Advocates Alike Applaud Passing of $2 3T Spending Bill

Fossil, Renewable Energy Advocates Alike Applaud Passing of $2.3T Spending Bill Proponents of the natural gas, oil and renewable energy sectors all found something to like about a $2.3 trillion omnibus spending and coronavirus relief package passed late Monday by the House and Senate. The American Petroleum Institute (API) praised legislators for including several provisions from Sen. Lisa Murkowski’s (R-AK) American Energy Innovation Act, including parts of two bipartisan bills to promote carbon capture, utilization and storage (CCUS). “We commend the bipartisan group of lawmakers who have moved this legislation one step closer to becoming law and who understand the important role of advancing innovation and technology in addressing the risk of climate change,” said API’s Stephen Comstock, vice president of corporate policy.

United statesRobin rorickGregory wetstoneHeather zichalAmy andryszakStephen comstockAmerican council on renewable energyAmerican clean power associationLisa murkowski american energy innovationAmerican petroleum instituteHazardous materials safety administrationNatural gas association of americaLisa murkowskiAmerican energy innovation actEnhancing safety actDeb fischer

Covid Stimulus has Big Climate Provisions

December 22, 2020 The Covid stimulus bill, passed last night, had some surprising provisions for climate action, that may set the stage for what a Biden administration can do. Significantly, these measures passed with support from Republican members, who have been looking for a way to pivot on climate. This might have opened the door. I get it that we need more Covid relief, and the measly 600 bucks is inadequate, but we’re in an emergency here. UPDATE: Lots of confusion out there. What we passed last night wasn t just COVID-19 relief – it was an omnibus spending bill to fund the entire government for the rest of FY21.

United statesFrance generalDonald trumpThomas carperHeather zichalThomasr carperd delJoe bidenJosh freedStephen yurekJohn kennedyEnvironmental protection agencySenate republicansSenate minority leader charlese schumerPublic works committeeEnergy departmentUnited nations

Stimulus deal includes raft of provisions to fight climate change

Stimulus deal includes raft of provisions to fight climate change Sarah Kaplan, Dino Grandoni © Logan Cyrus/for The Washington Post Mike Catanzaro walks through a solar array he installed in Charlotte in 2017. In one of the biggest victories for U.S. climate action in a decade, Congress has moved to phase out a class of potent planet-warming chemicals and provide billions of dollars for renewable energy and efforts to suck carbon from the atmosphere as part of the $900 billion coronavirus relief package. The legislation, which Congress approved moments before midnight Monday, wraps together several bills with bipartisan backing and support from an unusual coalition of environmentalists and industry groups.

United statesEnvironmental protection agencyDistrict of columbiaDepartment of energyLisa murkowskir alaskaJean suMike catanzaroMarty durbinJohn neely kennedyr laSasha macklerHeather zichalLogan cyrusThomasr carperd delJoe bidenEnvironmental defense fundSenate minority leader charlese schumer

I can reach across the table : Obama aide heading new clean power body will seek Republican champions

I can reach across the table : Obama aide heading new clean power body will seek Republican champions
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United statesAmerican clean power associationஒன்றுபட்டது மாநிலங்களில்அமெரிக்கன் சுத்தமான பவர் சங்கம்