|
U.S. Congress passes legislation to boost solar, wind, and geothermal energy
mongabay.com
September 24, 2008
Tuesday the U.S. Senate passed a bill that will extend tax credits on solar power installations through 2016. The House approved the measure Wednesday.
The $17 billion package will allow businesses and homeowners to deduct part of the cost of new solar installation from their income tax. The legislation would also extend incentives for wind power for one year and geothermal and biomass for two years. The tax credits would have otherwise expired at the end of the year.
The energy legislation allows taxpayers to claim a credit of up to $7,500 for purchasing plug-in electric cars and there are incentives to use smart meters to improve energy efficiency.
News index | RSS | News Feed
Advertisements:
Organic Apparel from Patagonia | Insect-repelling clothing
| |
|
MONGABAY.COM
Mongabay.com seeks to raise interest in and appreciation of wild lands and wildlife, while examining the impact of emerging trends in climate, technology, economics, and finance on conservation and development (more)
CONTENTS
WEEKLY NEWSLETTER
INTERACT
POPULAR PAGES
T-SHIRTS
Madagascar Wildlife
Dancing lemurs
Don't fall asleep the sloths will eat you
Sucking on this frog may make you insane
CALENDARS
Mount Kenya
East Africa Safari Wildlife
Kenya's Turkana People
Peru
African Wildlife
Alaska
China
Madagascar Chameleons
CANVAS BAGS
Hallucinogenic frog bag
Madagascar wildlife bag
|
|
