tax credit

Surviving the Debate over Renewable Energy Tax Credits

October 13, 2015 by Dan Liggett

Renewables and Tax Credits

While politicians continue to debate the Production Tax Credit and Investment Tax Credit, renewable energy companies can turn to equipment and technology improvements to keep costs down.[read more]

Are Clean Energy Tax Credits Equitable?

July 22, 2015 by Lucas Davis

Tax Credit Fairness and Clean Energy

Over the last decade, U.S. households have received more than $18 billion in federal income tax credits for clean energy investments. In a new paper, Severin Borenstein and I use tax return data from the IRS to examine the socioeconomic characteristics of filers who receive these credits.[read more]

North Carolina Opts for Delayed Sunset of the State Tax Credit

State Tax Credits and Legislative Inaction

Last week, the North Carolina legislature passed a bill offering a soft landing to the official end date for the state’s 35% state tax credit. While the tax credit cliff is scheduled for December 31, 2015, new legislation will extend eligibility for projects that are “significantly complete” but not operational by the end of 2015.[read more]

Post-Election Day, Tax Extenders Will Be a Bipartisan Opportunity

November 2, 2014 by Tom Carlson

Elections and Tax Law

Though Senate movement on passing tax extenders came to a standstill in May, both parties have since shown interest in pushing the issue forward during the lame duck session. There is no question that extending advanced energy tax credits is both vital to industry and has bipartisan support.[read more]

Finally, Good News Out of Washington: IRS Clarifies Tax Credit; Court Upholds FERC Order

August 24, 2014 by Tom Carlson

Federal Energy News

The past couple weeks brought two federal regulatory victories for the advanced energy industry. On August 8, the IRS released new guidelines for projects to qualify for the renewable energy production tax credit. On August 15, a federal appeals court unanimously affirmed the FERC's Order 1000.[read more]

Friday Energy Facts: Extending Residential Energy Policies Affects some End Uses more than Others

April 25, 2014 by U.S. EIA: Today in Energy

Residential Energy Policies

Many federal energy programs target residential energy consumption and efficiency, such as appliance standards, building energy codes, and tax credits for energy efficient equipment. These policies tend to affect certain end uses more than others.[read more]

Ethanol Industry Permits Its Politicians to Allow the Expiration of Its Tax Credit and Tariff

January 4, 2012 by Michael Giberson

The Des Moines Register has one version of the story - the agribusiness industry decided it could do without the subsidy since the renewable fuels mandate seemed securely in place: So established is corn-fed ethanol that the industry allowed the expiration of the 45 cents-per-gallon tax credit for ethanol production, as well as the...[read more]

Key Renewable Energy Subsidies About to Expire

October 28, 2011 by Geoffrey Styles

The US renewable energy industry faces a greatly altered incentive environment next year, as eligibility for two of its largest current subsidies comes to an end at the close of 2011. The corn ethanol sector will likely see the complete withdrawal of the blenders' credit that has fueled its growth for more than 30 years, while new...[read more]

Senate Democrats' Agenda Aims to Invest in Energy Innovation

February 23, 2011 by Breakthrough Institute

Last week, a group of Senate Democrat leaders unveiled their plan to build off of the innovation-centered budget proposal released by the President two weeks ago, including several important energy innovation investments. Senate Majority Leader Harry Reid introduced the proposal as an effort to simultaneously "create jobs, promote growth...[read more]

Biodiesel Industry Responds Positively To Tax Credit Passage

December 17, 2010 by Mike Gregory

The National Biodiesel Board responded to the news that the biodiesel tax credit had cleared the House of Representatives in a statement. “Reinstatement of the biodiesel tax credit is welcome news for the U.S. biodiesel industry and good news for the nation as a whole,” said Manning Feraci, NBB Vice President of Federal Affairs. “This...[read more]