Latest News for: Clean energy tax

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Split decision on solar farm planned east of Lincoln

Lincoln Journal Star 28 Oct 2021
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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Biden heads to Europe with a bit less shine and more work to be done

News-Press Now 28 Oct 2021
People familiar with the discussions said the options being weighed include new home improvement credits for energy sources like wind and solar, expanding grants for industries to shift to clean energy and tax incentives to encourage use of renewables.
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Power Up Iowa Holds First-Annual American Clean Power Week Event

News-Press Now 27 Oct 2021
"Iowa runs on affordable, reliable clean energy. Iowa communities have attracted new businesses, billions in investment, millions in tax revenue, and provided stable income sources for our farmers — all because of clean energy," she said ... "Iowa will continue leading the way with innovative, clean energy solutions.".
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Biden's plan in race to finish

The Times & Democrat 27 Oct 2021
Together the two senators have packed a one-two punch — Manchin forcing supporters to pare back health care, child care and clean energy spending and Sinema causing Democrats to reconsider their plans to reverse the Trump-era tax cuts on corporations and the wealthy.
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Half its original size, Biden's big plan in race to finish

The Post and Courier 27 Oct 2021
The once hefty climate change strategies are losing some punch, too, focusing away from punitive measures on polluters in a shift toward instead rewarding clean energy incentives ... Manchin rejected Biden's earlier clean energy strategy as too punitive on providers that rely on fossil fuels.
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Half its original size, Biden’s big plan in race to finish

Las Vegas Sun 27 Oct 2021
The once hefty climate change strategies are losing some punch, too, focusing away from punitive measures on polluters in a shift toward instead rewarding clean energy incentives ... Manchin rejected Biden's earlier clean energy strategy as too punitive on providers that rely on fossil fuels.
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We can and will meet the climate test in the Build Back Better Act

The Hill 27 Oct 2021
Through the Build Back Better Act’s investments in clean energy, clean energy tax credits, and by making polluters pay, we can move the country off of fossil fuels to clean, affordable energy sources that will slow the effects of the climate crisis and put us on track to a safer, healthier future.
photo: AP / Manuel Balce Ceneta
President Joe Biden speaks at the National Response Coordination Center at FEMA headquarters, Sunday, Aug. 29, 2021, in Washington
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Biden can’t afford to repeat Obama’s mistakes on climate policy

Vox 27 Oct 2021
And when Trump reversed course on climate policy, some states tried to continue their own shifts toward clean energy ... Democrats still have a shot at funding clean energy tax breaks, improving electricity transmission to connect renewables to new areas of the country, and expanding access to electric vehicles.
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On the Road to Glasgow: What Does Biden Have to Offer?

Resilience 27 Oct 2021
The package includes both climate-related, e.g., clean energy tax credits, and non-climate related provisions, e.g., expanding Medicare coverage to dental, hearing, and vision ... Except for the clean energy tax credits that will remain in the final budget package, most everything ...
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Half its original size, Biden’s big domestic policy plan is in a race to the finish

The Los Angeles Times 27 Oct 2021
The once hefty climate change strategies are losing some punch, too, shifting away from punitive measures against polluters in favor of incentives to reward clean energy ... On climate change, Manchin, a coal state lawmaker, rejected Biden’s earlier clean energy strategy as too punitive on producers that rely on fossil fuels.
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Legislation Would Prevent the Biggest Corporations from Paying Nothing in Federal Taxes

Pagosa Daily Post 27 Oct 2021
Apply to roughly 200 companies that report over $1 billion in profits; Create a 15% minimum tax on the profits that these giant companies report to their shareholders; Preserve the value of select business credits – including R&D, clean energy, and housing tax credits – and ...
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Democrats unveil billionaires' tax as Biden plan takes shape

WPTV 27 Oct 2021
Warren said the new tax plan would preserve the value of business credits – including R&D, clean energy, and housing tax credits – and include some flexibilities for companies to carry forward losses, utilize foreign tax credits, and claim a minimum tax credit against regular tax in future years.
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U.S. Democratic senators propose corporate minimum tax to pay for Biden's economic agenda

China.dot.org 27 Oct 2021
"Establishing the Corporate Profits Minimum Tax would not only put an end to profitable corporations getting away with paying zero (or less) in taxes, it would also generate revenue needed to invest in child care, clean energy jobs, and more - investments ...
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Another good reason to subsidize college tuition

News & Record 27 Oct 2021
A recent Data for Progress poll of likely West Virginia voters found that they “Strongly support” or “Somewhat support” the plan at rates of 60% (clean energy investments) up to 86% (investments in long-term care) ... Everyone should be concerned about sacrificing the clean energy/climate change provisions.
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Democrats unveil a corporate minimum tax, eyeing $400 billion

Finger Lakes Times 27 Oct 2021
Elizabeth Warren and Angus King, would require that companies that report more than $1 billion in profits to shareholders pay at least a 15% tax rate — even if they qualify for lots of tax breaks ... The legislation would preserve the value of research and development, clean energy and housing tax credits, according to a summary of the plan.
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