Author Topic: Biden Restarts $10 Billion Tax Credit Gravy Train for Clean-Energy Firms  (Read 138 times)

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Offline rangerrebew

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WRITTEN BY CCD EDITOR ON FEB 21, 2023. POSTED IN LATEST NEWS

Biden Restarts $10 Billion Tax Credit Gravy Train for Clean-Energy Firms

The Biden administration has restarted a tax credit program for clean energy manufacturers using $10 billion from the Inflation Reduction Act.

There’s even a bonus credit if companies build wind and solar projects in low-income areas (which are the least likely to fight back against these noisy, ugly home-depreciating monstrosities). Via Bloomberg’s Ari Natter [emphasis, links added]:


“Clean energy projects that expand domestic manufacturing, reduce industrial greenhouse gas emissions, or help create a domestic supply chain for critical minerals can begin applying for the “advanced energy” tax credit at the end of May, the Treasury Department announced Monday.

https://climatechangedispatch.com/biden-restarts-10-billion-tax-credit-gravy-train-for-clean-energy-firms/
The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg.
Thomas Jefferson