In this economic climate, every state wants new jobs. And harnessing the sun for electricity creates more of those coveted jobs per megawatt-hour than any other energy resource. These are high quality jobs across a broad range of education requirements, salary levels and fields. The majority (about 75%) (more…)
Good news from the wind industry front. According to the latest figures released by the American Wind Energy Association, America’s wind power industry grew by 15% in 2010 and provided 26% of all new electric generating capacity in the United States. With the 5,116 MW added last year, U.S. wind (more…)
Home & business energy tax credits still attractive for renewables, efficiency and electric vehicles
It may be too late to take advantage of green tax benefits for 2010, depending on when you file and what you did last year, but now is the right time to start thinking about energy-saving measures in 2011 that can result in federal tax savings. When President Obama extended the (more…)
Senators Tom Coburn (R-OK) and Benjamin L. Cardin (D-Md) have joined forces to sponsor a bill that ends the refundable Volumetric Ethanol Excise Tax Credit (VEETC). This tax credit subsidizes the blending of corn-based ethanol into gasoline. The legislation, if enacted immediately, would save taxpayers nearly $4 billion during the remainder of 2011, (more…)
Electric cars are finally coming to market in the U.S., but what is the future potential for this much-touted technology? A good way to find out would be to launch demonstration projects in selected U.S. cities to determine if, given incentives and the proper infrastructure, the public will truly embrace plug-in vehicles. (more…)
Over the past 25 years, the State of New York has been a national leader in many cleantech initiatives, including its state-wide programs to promote renewable and sustainable energies, reductions in carbon emissions, and recycling programs, just to name a few. Specifically, the State of New York has created administrative agencies (more…)
With large-scale solar outfits and individual panels going up all over the country, it’s undeniable that the U.S. solar market is widening its reach. So what’s in store for 2011? Lower prices and a demand that’s nearly double what it was last year.