Latest News for: Clean energy tax

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Texas likely one of largest benefactors of new climate law

Herald Banner 19 Aug 2022
Overall, families that take advantage of clean energy tax credits could save more than $1,000 per year, the Biden administration said. The IRA also incentivizes clean energy production by providing tax credits as well as bonus credits to companies that pay workers a competitive wage.
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Illinois congressional candidates take stands on Inflation Reduction Act

News-Press Now 19 Aug 2022
(The Center Square) – The Inflation Reduction Act is now law, but the effects on the economy and energy sector will be talked about for years ... The legislation includes tax credits for electric vehicles and energy-efficient home improvements. Deering says the transition to clean energy must not move too quickly.
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Getting Ready: New opportunities to save money while reducing carbon emissions

Portsmouth Herald 18 Aug 2022
- Tax credits and rebates for clean electricity cars and trucks and clean energy-efficient appliances (the latter choice lowers family energy costs by up to $500/year); ... - Clean energy tax credits can apply to new and used electric and fuel cell vehicles, and investments in buses and trucks;.
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What does the Inflation Reduction Act do for Michigan?

Michigan Live 18 Aug 2022
Capped drug costs, billons for clean energy ... About 9 million jobs are estimated to be created nationwide over the next decade because of clean energy funding in the bill. Analysis from the University of Massachusetts Amherst found that tax credits will lead to 1.7 million solar, wind, and other clean energy jobs.
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FACT SHEET: How the Inflation Reduction Act Helps Tribal Communities

The White House 18 Aug 2022
... from resources to support projects that boost efficiency, improve indoor air quality, make clean energy or electrification upgrades, or strengthen their climate resilience.Overall, families that take advantage of clean energy tax credits can save more than $1,000 per year.
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New law lowers renewables costs for rural electric co-ops

Longview News-Journal 18 Aug 2022
All told, the new law authorizes $369 billion in clean-energy initiatives, ranging from utility-scale generation projects, to electric vehicles and electric-bill-lowering home improvements ... It is specific to electric co-ops, but it's specific to clean energy systems.
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How Democrats’ climate bill will ‘supercharge’ Colorado’s clean-energy efforts

Longview News-Journal 18 Aug 2022
The new federal EV tax credit of up to $7,500 per vehicle — subject to an array of requirements and restrictions — is one of many incentives for clean energy contained in DemocratsInflation Reduction Act, a scaled-down bill passed as a compromise with Sen.
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How Democrats’ climate bill will ‘supercharge’ state's clean-energy efforts

Montrose Press 18 Aug 2022
The new federal EV tax credit of up to $7,500 per vehicle — subject to an array of requirements and restrictions — is one of many incentives for clean energy contained in DemocratsInflation Reduction Act, a scaled-down bill passed as a compromise with Sen.
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OPINION: Federal Climate Bill Will ‘Supercharge’ Colorado’s Clean-Energy Industry

Pagosa Daily Post 18 Aug 2022
The new federal EV tax credit of up to $7,500 per vehicle — subject to an array of requirements and restrictions — is one of many incentives for clean energy contained in DemocratsInflation Reduction Act, a scaled-down bill passed as a compromise with Sen.
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Too much of a good thing for Texas? Uncle Sam’s pumping up wind, solar and batteries

Finger Lakes Times 18 Aug 2022
There’s always been some resistance to renewables, including objections to federal tax breaks favoring clean energy over natural gas, coal and nuclear plants ... Investors are also eager to back clean energy projects so if the new tax credits lead to reducing carbon in Texas’ thermal fleet, the industry would benefit.
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SPAN Will Help the Inflation Reduction Act Realize its Climate Goal and Full Potential, as ...

Hastings Tribune 18 Aug 2022
The historic legislation provides tax credits and rebates to millions of American homeowners to help them pay for clean energy equipment and energy efficient appliances – including smart home electrical panels, solar panels, batteries, heat pump water heaters, heat pumps for ...
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Lots to brag about

Creston News Advertiser 18 Aug 2022
This bill invests in clean energy, and reduces carbon emissions with incentives, rather than penalties ... Government budget analysts who reviewed the numbers prior to passage, estimate this bill with its job creation in clean energy and tax revenues from corporations, will significantly reduce the deficit in three years.
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Rebates, tax credits, electric cars & more. What Biden’s new climate law means for N.J. ...

NJ 18 Aug 2022
Thanks to tax credits for solar, wind and other clean energy sources, New Jersey can expect around $11.4 billion in new investment for power generation and storage projects through 2030, creating new jobs beyond the 53,334 workers already employed in those industries.
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Major Senate Breakthrough

NW Labor Press 18 Aug 2022
... profitable billion-dollar companies paying no federal income tax ... “Enacting clean energy tax incentives with labor standards and domestic content requirements will create good-paying jobs in construction and manufacturing right here in America,” Shuler said in a press statement.
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D.C. delivers some good news – yes, really

Nashville Pride 18 Aug 2022
The bill puts a whopping $360 billion toward developing affordable, clean energy sources ... I don’t think Americans will forget who voted for lower drug prices, clean energy, and making billionaires and corporations pay their taxes—and who didn’t ... paying their fair share of taxes.

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Indonesian President Joko Widodo gestures as he delivers his annual State of the Nation Address ahead of the country's Independence Day, at the parliament building in Jakarta, Indonesia, Tuesday, Aug. 16, 2022.
Bagus Indahono/Pool Photo via AP
Canadian Prime Minister Justin Trudeau, fourth from left, speaks to Chinese President Xi Jinping, third from right, during a meeting at the Diaoyutai State Guesthouse in Beijing, Dec. 5, 2017
AP / Fred Dufour/Pool Photo
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