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/