Originally published on the World Resources Institute. By John Feldmann, Devashree Saha, and Rajat Shrestha Under the Biden administration’s infrastructure plan, tax credits for clean energy and technologies are expected to play an important role in achieving a 50% reduction in greenhouse gas emissions by 2030. The Clean Energy for America Act, introduced by Senator … [continued]
Last year and for several years prior, a US taxpayer who installed a solar power system on their roof could get a 30% tax credit on the cost of that system. In 2020, that tax credit was reduced to 26%, and it will drop to 22% next year.
Scott Pruitt told an audience at the Kentucky Farm Bureau on Monday that he is in favor of ending all tax credits for wind and solar power as soon as possible.
The Colorado Solar Project 2020 seeks to encourage Colorado auto dealers to add solar power systems to their dealership facilities before the federal tax credits begin dropping at the end of 2019.
This is a great recent post from Herman Trabish of Greentech Media. As the lead-in well summarizes: “A new study ‘blows apart the notion that the ITC is somehow welfare for the solar industry.‘” Here’s the piece: The honeymoon is over, a European regulator recently reportedly observed about renewables. … [continued]
Below is the Solar Energy Industries Association’s (SEIA’s) statement on Congress’ decision to leave the an extension of the 1603 Treasury program out of the payroll tax bill, a decision I think every poll on solar energy shows most Americans would oppose. Truthfully, I’m too sad to comment much … [continued]
With Obama as President-elect, solar stock prices must be sky high at the moment, right? Wrong. If you look at the values of most stocks around election day, they did increase. This peak was short lived however for most solar companies and it was followed by a huge decline. Just … [continued]
