Latest News for: Clean energy tax

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Getting Ready: New opportunities to save money while reducing carbon emissions

Portsmouth Herald 18 Aug 2022
- Tax credits and rebates for clean electricity cars and trucks and clean energy-efficient appliances (the latter choice lowers family energy costs by up to $500/year); ... - Clean energy tax credits can apply to new and used electric and fuel cell vehicles, and investments in buses and trucks;.
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Too much of a good thing for Texas? Uncle Sam’s pumping up wind, solar and batteries

Finger Lakes Times 18 Aug 2022
There’s always been some resistance to renewables, including objections to federal tax breaks favoring clean energy over natural gas, coal and nuclear plants ... Investors are also eager to back clean energy projects so if the new tax credits lead to reducing carbon in Texas’ thermal fleet, the industry would benefit.
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Lots to brag about

Creston News Advertiser 18 Aug 2022
This bill invests in clean energy, and reduces carbon emissions with incentives, rather than penalties ... Government budget analysts who reviewed the numbers prior to passage, estimate this bill with its job creation in clean energy and tax revenues from corporations, will significantly reduce the deficit in three years.
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Rebates, tax credits, electric cars & more. What Biden’s new climate law means for N.J. ...

NJ 18 Aug 2022
Thanks to tax credits for solar, wind and other clean energy sources, New Jersey can expect around $11.4 billion in new investment for power generation and storage projects through 2030, creating new jobs beyond the 53,334 workers already employed in those industries.
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Major Senate Breakthrough

NW Labor Press 18 Aug 2022
... profitable billion-dollar companies paying no federal income tax ... “Enacting clean energy tax incentives with labor standards and domestic content requirements will create good-paying jobs in construction and manufacturing right here in America,” Shuler said in a press statement.
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Credit for electric cars Is well crafted

The Daily Star 18 Aug 2022
That’s because the point of the $7,500 tax credit is to speed the transition to clean energy ... They are free and provide something we are hungry for, clean power. Renewable energy, including hydro, already generates about 21% of all our electricity ... Energy Information Administration projects this number will rise to 44% by 2050, and that might be low.
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Froma Harrop: Electric car credit benefits the planet

Reflector 18 Aug 2022
That’s because the point of the $7,500 tax credit is to speed the transition to clean energy ... They are free and provide something we are hungry for, clean power. Renewable energy, including hydro, already generates about 21% of all our electricity ... Energy Information Administration projects this number will rise to 44% by 2050, and that might be low.
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The credit for electric cars unusually well-crafted

Herald-Standard 18 Aug 2022
That’s because the point of the $7,500 tax credit is to speed the transition to clean energy ... They are free and provide something we are hungry for, clean power. Renewable energy, including hydro, already generates about 21% of all our electricity ... Energy Information Administration projects this number will rise to 44% by 2050, and that might be low.
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Froma Harrop: Credit for electric cars is unusually well crafted

The Maryville Daily Times 18 Aug 2022
That's because the point of the $7,500 tax credit is to speed the transition to clean energy ... They are free and provide something we are hungry for, clean power. Renewable energy, including hydro, already generates about 21% of all our electricity ... Energy Information Administration projects this number will rise to 44% by 2050, and that might be low.
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Democrats’ climate, health care bill fulfills some Biden promises, not others

Tampa Bay Times 18 Aug 2022
Biden signs massive climate, health care and tax legislation ... Joe Manchin, D-W.Va., and Senate Majority Leader Chuck Schumer, D-N.Y., agreed to a clean energy package costing $369 billion over 10 years. The measure provides $260 billion in clean-energy tax credits to boost investment in solar, wind, hydropower and other renewable energy.
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FROMA HARROP: The credit for electric cars is unusually well crafted

Scottsbluff StarHerald 18 Aug 2022
That’s because the point of the $7,500 tax credit is to speed the transition to clean energy ... They are free and provide something we are hungry for, clean power. Renewable energy, including hydro, already generates about 21% of all our electricity ... Energy Information Administration projects this number will rise to 44% by 2050, and that might be low.
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PSC grants $7.8 million to build cell towers in rural areas of Nebraska

Lincoln Journal Star 18 Aug 2022
To that end, Biden’s proposed American Jobs Plan would include extensive tax credits, grants, and other investments in clean energy.One of the potential beneficiaries of this focus is the solar power industry, which is seeing rapid growth as the costs associated with solar decline.
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The Readers' Forum: Thursday letters

Winston-Salem Journal 18 Aug 2022
It is unfortunate that the bill had to pass on a partisan basis, but once the sting of reconciliation wears off, I think conservatives will find a lot there to like, such as tax credits for companies creating good clean-energy jobs, and also homeowners who want to invest in ...
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Bohannan embraces Democrats’ effort to address inflation, climate

News-Press Now 18 Aug 2022
Rep ... The legislation, signed into law Tuesday by President Joe Biden, attempts to address inflation by reducing the federal deficit and increasing taxes on high-income businesses. It boosts clean energy tax breaks ... Republicans have argued the legislation represents more federal government taxing and spending and said it will not constrain inflation ... 8.
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Christina Bohannan embraces Democrats’ effort to address inflation, climate

The Gazette Cedar Rapids 18 Aug 2022
Rep ... The legislation, signed into law Tuesday by President Joe Biden, attempts to address inflation by reducing the federal deficit and increasing taxes on high-income businesses. It boosts clean energy tax breaks ... Republicans have argued the legislation represents more federal government taxing and spending and said it will not constrain inflation ... 8.

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