LOCATION/TYPE

NEWS HOME

[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Archive
RSS

Add NWW headlines to your site (click here)

Get weekly updates

WHAT TO DO
when your community is targeted

RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Paypal

Donate via Stripe

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

House bill would extend wind, other alternative energy tax breaks 

Credit:  By Timothy Cama | The Hill | 09/19/14 | thehill.com ~~

Two House Democrats introduced a bill Friday to bring back a number of expired tax credits meant to incentivize alternative energy and energy efficiency.

The bill would extend for two years tax breaks for producing wind energy, selling biodiesel, buying alternative fuel vehicles, installing energy efficient technology in homes and other credits that expired last year.

“Like all businesses, the wind energy sector needs stability and predictability so long term investments and business decisions can be made,” Rep. David Loebsack (D-Iowa) said in a statement.

“For our nation to move towards energy independence and continued job growth, we need to prioritize clean energy like wind and act immediately to pass this extension of the [production tax credit],” he said.

The legislation would also allow the solar power industry to take advantage of some new tax credits for infrastructure under construction, which the sponsors said was an attempt to put solar on a level playing field with wind.

“Making sure these energy sources are on an even playing field with the fossil fuel industry is essential to lowering carbon emissions, creating a cleaner environment, and creating good, non-exportable American jobs,” Rep. Earl Blumenauer (D-Ore.), the other sponsor, said in the statement.

Many of the tax breaks in the bill were included in a package the Senate Finance Committee passed earlier this year. But the bill was never brought to the Senate floor for a vote.

Senate Majority Leader Harry Reid (D-Nev.) promised to bring the energy measures to the floor before the end of the year.

Source:  By Timothy Cama | The Hill | 09/19/14 | thehill.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
   Donate via Paypal
(via Paypal)
Donate via Stripe
(via Stripe)

Share:

e-mail X FB LI M TG TS G Share


News Watch Home

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky