Latest News for: Clean energy tax

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How fresh tax credits, rebates can launch eco home updates

Federal News Radio 09 Feb 2023
The North Carolina Clean Energy Technology Center manages a database of state and local incentives that includes resources like solar installation rebates and low-interest loan programs ... Frequently asked questions about energy efficient home improvements and residential clean energy property credits. North Carolina Clean Energy Technology Center.
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Yellen touts battery investments, supports Europe’s plans for competing subsidies

FX Empire 09 Feb 2023
Treasury Secretary Janet Yellen touted clean energy investments on Wednesday at a Tennessee electric vehicle battery plant benefiting from tax incentives in President Joe Biden’s signature climate legislation, adding that she supports Europe’s plans for competing subsidies.
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Manchin 'raising hell' over White House handling of marquee Dem bill

Politico 09 Feb 2023
He took the leap to plow hundreds of billions of dollars into clean and domestic energy, shore up health care access and raise taxes on corporations, in part to reorient the economy toward his vision ... that means fewer tax credits designed to boost clean cars for a while, so be it.
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'Good policy' for EU to match US green plan with own subsidies: Yellen

Urdu Point 09 Feb 2023
The IRA includes $370 billion that goes towards reducing greenhouse gas emissions, with some investments in the form of tax cuts for companies that invest in clean energy, along with subsidies for electric vehicles, batteries and renewable energy projects -- if they are US-made.
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Biden's oil comments spark debate over energy production

Springfield News-Sun 09 Feb 2023
is in the midst of an energy transition and will continue to need oil ... Instead, he has again criticized American businesses that employ millions of Americans, pay taxes and provide energy for the world ... "What we need is doubling down on our investments to equitably transition off of the fuels of the past and to clean energy,'' Jealous said.
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Biden’s State of the Union Defines Climate Action as Common Sense

Time Magazine 09 Feb 2023
Climate isn’t energy, or tech, or nature or finance ... To sell his accomplishments and advocate for another term, Biden has fit his clean energy tax credits, EV manufacturing schemes, and long term billion dollar hydrogen pilot projects into the formula.
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Chris Tomlinson: Texas Republicans introduce tax hikes, burdensome regulations in assault on clean energy

Waco Tribune-Herald 08 Feb 2023
Texas lawmakers are launching attacks on clean energy — wallowing in climate denial — as they pad the fossil fuel industry’s profits by trying to raise taxes and fees on consumers ... SB 488 is the clean energy industry, but this price hike strikes all Texas consumers in the heart.
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Feeling the stress of high energy bills? New programs help lower costs

Purcell Register 08 Feb 2023
Through rebates and tax incentives, ENERGY STAR certified products like heat pump water heaters, clean heating and cooling, and household appliances are becoming more affordable while enabling customers to save on their monthly energy bills. For example, ENERGY STAR certified heat ...
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Yellen touts battery investments in Tennessee after Biden speech

Reuters 08 Feb 2023
clean energy investments enabled by President Joe Biden's climate legislation just hours after Biden did the same in his State of the Union address ... "The Inflation Reduction Act is offering meaningful tax credits to spur clean energy investment and production.
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Gov. Whitmer proposes $79 billion budget for fiscal year 2024

Victoria Advocate 08 Feb 2023
Whitmer’s economic development budget includes a $500 million annual deposit Strategic Outreach and Attraction Reserve Fund, as well as.$200 million over 10 years for the Onshoring Clean Energy Supply Chain Tax Credit, designed to encourage businesses to invest in clean ...
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Biden is coming to Wisconsin to tout job creation, support for union labor. Here's how ...

Milwaukee Journal Sentinel 08 Feb 2023
The Inflation Reduction Act provides generous tax credits for clean energy projects. Getting them requires apprentices and paying the prevailing wage ... .
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Biden's State of the Union Defines Climate Action as Common Sense

Time 08 Feb 2023
Climate isn’t energy, or tech, or nature or finance ... To sell his accomplishments and advocate for another term, Biden has fit his clean energy tax credits, EV manufacturing schemes, and long term billion dollar hydrogen pilot projects into the formula.
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Fact-checking President Biden’s State of the Union speech

CNN 08 Feb 2023
From CNN’s Daniel Dale Electric vehicle tax credits Biden, speaking about the Inflation Reduction Act, said it would help “families save more than $1,000 a year with tax credits to purchase electric vehicles and … energy-efficient appliances.” Facts First.
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Can companies be virtuous and still turn a profit?

The Hill 08 Feb 2023
... Suisse from doing business there because of these companies’ boycott of energy firms ... Additionally, companies raised about $320 billion in green bonds last year, and clean energy tax credits are part of the Inflation Reduction Act, adding further incentives for investors.
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The 9 big policy ideas that Biden hit during his speech

Politico 08 Feb 2023
On Tuesday, he proposed reducing it further through a pair of populist policies that would tax billionaires and corporate stock buybacks ... The hundreds of billions of dollars in subsidies meant to spur electric vehicle manufacturing and other green technology investments will lead the way to what Biden termed a “clean energy future.”.

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FILE - An FBI seal is seen on a wall on Aug. 10, 2022, in Omaha, Neb.
AP / Charlie Neibergall, File
President Joe Biden steps off Marine One on the South Lawn of the White House in Washington, Tuesday, Jan. 31, 2023, after returning from New York
AP / Andrew Harnik
The Central Bank of Nigeria Headquarters, Abuja, Nigeria
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Secretary of State Antony J. Blinken meets with U.S. Ambassador to Russia Lynne M. Tracy at the U.S. Department of State in Washington, D.C., on January 12, 2023.
Public Domain / Freddie Everett
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