Latest News for: Clean energy tax

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Granholm: DOE's big clean energy spending to come with strings attached

Politico 04 Mar 2021
The bill would provide $8 billion in tax credits to build recycling plants or clean energy manufacturing in places with high unemployment, and it specifies $4 billion be spent in places where coal mines or coal power plants have closed.
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With the end in sight for fossil fuels, even the API puts a price on carbon emissions

Business Day 04 Mar 2021
For starters, unlike regulations restricting drilling or mandating clean energy, a carbon tax wouldn’t bar companies from extracting natural gas or force the fossil fuel out of the nation’s electricity mix ... A carbon tax has long been a favourite tool of economists, who say it’s a ...
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Manchin, Stabenow push $8B tax credit to bring factories for former coal sites

Politico 03 Mar 2021
... workers to jobs in the clean energy sector ... Steve Daines of Montana, expands the advanced energy manufacturing tax credit (often referred to as 48c for its section of the tax code) to attract clean energy manufacturing and recycling companies to areas with high unemployment.
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New Wood Heat Rebates and Incentives Now Available

The Newport Daily Express 03 Mar 2021
The tax credit and all the rebates can be combined ... $3000 from the Clean Energy Development Fund (accessed via Efficiency Vermont) ... The tax credit and above rebates can be combined with an additional special coal changeout incentive from the Clean Energy Development Fund of up to $7000 for residential projects.
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House Energy and Commerce leaders unveil sweeping climate change legislation

Politico 03 Mar 2021
The 981-page bill calls for a federal clean energy standard that sets an interim goal of 80 percent clean electricity by 2030 and 100 percent by 2035 ... Clean energy standard. Arguably the most consequential title is a clean energy standard, which would create a credit trading system for utilities to meet clean energy goals.
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Senator Stabenow Looks Provide $8B in Tax Credit For Clean Energy Manufacturers

CBS Sports 03 Mar 2021
... Senator Debbie Stabenow introduced a bill to provide $8 billion dollars in tax credit to companies making clean energy equipment.
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Big Oil 'Friends' the Carbon Tax

Wall Street Journal 03 Mar 2021
The ice did not break. There was not peace in the valley on Monday because the American Petroleum Institute, the nation’s premier fossil-fuel lobby, revealed that it’s leaning toward supporting a carbon tax. Don’t expect a revolution ... Most interesting, though, are their observations about clean energy subsidies vs. a carbon tax. .
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Michigan Expected to Receive Large Batch of Johnson and Johnson COVID-19 Vaccine Tuesday

CBS Sports 03 Mar 2021
the state health department confirms Michigan should get about 82,000 doses of the vaccine by tomorrow.READ MORE. Senator Stabenow Looks Provide $8B in Tax Credit For Clean Energy Manufacturers ... Attorneys For Former Gov ... .
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Democratic senators propose clean energy tax credits

The Sault News 02 Mar 2021
senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean energy jobs ... renewable energy technologies ... She said the new proposal would help produce parts and technologies necessary for a clean energy supply chain.
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Stabenow, Manchin introduce bill for clean energy tax credit

The Holland Sentinel 02 Mar 2021
Senate would repurpose a federal tax credit to incentivize manufacturing companies to create clean energy jobs ... Companies which produce items like batteries, electric and fuel cell vehicles, semiconductor chips, components to produce renewable energy and carbon capture products would be eligible for the tax credit.
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Democrats in U.S. House introduce wide-ranging climate bill

Metro USA 02 Mar 2021
The Climate Leadership and Environmental Action for our Nation’s Future Act, or CLEAN, requires 80% clean electricity by 2030 and 100% by 2035. The power could come from sources including wind, solar and existing nuclear energy ... Tonko, who prefers a carbon tax, called a clean energy standard “achievable.”.
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U.S. House Democratic lawmakers introduce wide-ranging climate bill

Metro USA 02 Mar 2021
The Climate Leadership and Environmental Action for our Nation’s Future Act, or CLEAN, requires 80% clean electricity by 2030 and 100% by 2035. The power could come from sources including wind, solar and existing nuclear energy ... Tonko, who prefers a carbon tax, called a clean energy standard “achievable.”.
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Stabenow, Manchin want $8 billion in tax credits for advanced energy projects

The Sault News 02 Mar 2021
Debbie Stabenow, D-Mich., and Joe Manchin, D-WVa., on Monday introduced legislation to provide billions in tax credits for factories built or retooled to make clean or advanced energy products ... "Transitioning to a clean energy economy creates significant opportunities for Michigan to put people to work in good-paying jobs," she said.

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