In an attempt to keep the political war against renewable energy in the headlines, Republicans are holding another hearing to question the value of government investments in the sector. Looks like ten political sideshows on Solyndra weren’t enough. If tomorrow morning’s hearing were being used as a chance to objectively assess where the … [continued]
If you care about the future of the American renewable energy industry, you need to learn what the Internal Revenue Service (IRS) calls “passive activities.” Because these important rules mean that as long as the U.S. relies on the tax code to provide renewable energy incentives, renewable energy can … [continued]
Since it will take a battle to extend federal tax credits for wind power anyway, why not make community wind development easier at the same time? Last month, President Obama’s Treasury Department released proposed reforms to a number of business taxes including the federal Production Tax Credit (PTC) for … [continued]
The American Wind Energy Association (AWEA) released its 2012 annual market report on wind energy at the end of last week. For a succinct look at some of the industry’s key stats and facts, here’s a bullet-point list of them I’ve put together for you (more wind power lists … [continued]
Former Michigan Governor Jennifer Granholm issued a forceful plea to House Speaker John Boehner this week: If you’re serious about creating and preserving jobs, support extension of the federal production tax credit (PTC) for wind. In a wonderfully articulate editorial on her Current TV show, The War Room, Granholm urged Boehner to … [continued]
A federal grant program created to boost renewable energy development during the height of the economic crisis supported 75,000 jobs and more than $25 billion in economic activity, according to a new analysis from the Department of Energy. The grant program was created in February of 2009 as part of the … [continued]
The Treasury 1603 grant program– a renewable energy subsidy–was a key strut that kept the US renewable energy growing and creating green jobs in the wake of the near collapse of the US financial system and recession of 2008-2009. This should go a long way towards putting paid to Republican rhetorical diatribe about federal support for clean energy development and job creation, though it almost certainly won’t.
Wind power has grown tremendously in recent years, as you should well know by now. As you can see in the first chart below, it’s grew tremendously from 2007-2011, and the following chart shows that 5 states now get over 10% of their electricity from wind power — South … [continued]
Top wind energy news (other than what we’ve covered) from the past week or so: 1. GE’s GE Energy Financial Services unit and Enel Green Power North America have teamed up to commit common equity for a 51% ownership stake in the Chisholm View wind project, one of Oklahoma’s largest wind projects. “The … [continued]
Important amendments to the highway bill that is in the Senate (S. 1813) will be coming up next week. There is one very good amendment introduced by Senator Stabenow (D-MI) that would extend very important wind and solar energy incentives. And there is an amendment by Sen. DeMint (R-SC) that would … [continued]
