NewEnergyNews More: House, Senate To Face Off Over Wind Support

Every day is Earthday.

Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart



Your intrepid reporter


    A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.


Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • Monday, November 20, 2017

    House, Senate To Face Off Over Wind Support

    U.S. House Tax Bill Bad for Wind Energy; Renewable projects fare better under the Senate’s tax reform measure.

    Sonia Smith, November 17, 2017 (Texas Monthly)

    “Abundant wind, a self-contained electrical grid, and renewable friendly subsidies led Texas to become the national leader in wind energy…[Wind turbines have replaced pump jacks on the state’s landscape. Its installed] wind capacity has more than doubled in the last seven years, to 21,450 megawatts…[But] the U.S. House approved a bill provision that would retroactively cut the production tax credit (PTC) for wind, geothermal, and “closed-loop” biofuel facilities]. Critics say these changes, if they make it into law, will chill growth in the [industries] and derail billions of dollars worth of planned projects…[The renewable energy PTC provides a 2.3-cent per kilowatt hour tax incentive for the first ten years’ output of renewable plants that broke ground in 2015 and 2016. Under a] 2015 phaseout deal, projects breaking ground this year receive 80 percent of the credit, while those starting construction in 2018 and 2019 would get 60 percent and 40 percent respectively…[The House plan cuts the 2.3-cent-per-kilowatt-hour tax credit to 1.5 cents and retroactively changes eligibility. Provisions in the Senate version of the bill protect the PTC. The differences will force a showdown before the bill can be sent to the president]…” click here for more

    IFTTT Recipe: Share new blog posts to Facebook connects blogger to facebook


    Post a Comment

    Note: Only a member of this blog may post a comment.

    << Home