investment tax credit (ITC)

Strategic Tax Credits to Decarbonize Buildings

Originally published on RMI.org By Heather Clark, Mark Kresowik & Darien Crimmin There is much talk about the urgency of climate change and how federal policy is currently being crafted to address it. However, there remains a critical need for targeted tax credits for zero-carbon buildings and retrofits. Buildings are the largest single contributor of global greenhouse gas (GHG) … [continued]

Simple Tax Changes Can Unleash Clean Energy Deployment In USA

Originally published on RMI.org. By Uday Varadarajan, David Posner, Sam Mardell, & Russell Mendell According to the latest US government inventory, solar will account for 39 percent of the electric generation capacity added in 2021, and wind will constitute a further 31 percent. With current technology costs and policy incentives, renewables are now unquestionably … [continued]

Amazon’s Mighty Wind (Cleantech Talk #38)

Episode 38 of Cleantech Talk kicks off with a discussion of how, while China may be overperforming with its solar panel buildout, those panels are underperforming due to the low air quality there. Which is a polite way of saying that coal-combustion aerosols are reducing solar panels’ electricity harvest — by up to a third! (Dark aerosols, like soot, tend to absorb light; other aerosols such as sulfates and nitrates, reflect light. In both cases, the aerosols prevent light from reaching solar panels below.)

Clean Energy Leaders Unite, Write Congress to Extend 1603 Tax Credit Grants

A coalition of clean energy economy leaders and stakeholders has sent Congress a letter urging them to extend the Treasury Section 1603 grant program through 2012. Enacted to sustain investment flows in the wake of the 2008 financial systems collapse and due to expire at year-end, the 1603 grant program has been central to the continued growth and development of clean energy across the US in all its forms in ensuing years.