Tag Archives: Credits

How Tesla, GM benefit from deal to expand EV tax credits

How Tesla, GM benefit from deal to expand EV tax credits

U.S. Senate Minority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) confer before addressing reporters following the weekly senate party caucus luncheons at the U.S. Capitol in Washington, U.S. July 9, 2019. REUTERS/Jonathan Ernst In a surprising move to even Capitol Hill insiders, Senate Majority Leader Chuck Schumer and Democratic Senator Joe Manchin of West Virginia struck a deal on a reconciliation bill, which among other things includes $369 billion on energy and climate… Source link

Read More »

Democrats want $273 billion in tax credits to achieve Biden’s climate goals

In recent weeks Democratic lawmakers have formalized just how much they want climate change to be at the center of the forthcoming multitrillion-dollar budget reconciliation package. They have formally unveiled a proposal with measures that include taxes on some imported fuels, a new federal aid program for clean-energy developers, investments in electric vehicles, and more. The key driver on the supply side – i.e., insuring there are enough solar panels and wind turbines in operation to… Source link

Read More »

Here are 2 taxes could be raised to pay for Biden’s tax credits: Former 2020 contender

During his campaign for president, John Delaney once described himself as a “solutions-oriented moderate.” His policy ideas, which were numerous, didn’t gain traction during an election often dominated by more liberal voices. Delaney himself was out of the race by January 2020 but once all was said and done, a fellow moderate — Joe Biden — ended up with the nomination and the presidency. In an interview with Yahoo Finance this week, Delaney, a former Maryland Congressman who now… Source link

Read More »

Inside Google’s Bid to Get Granular on Renewable Energy Credits

In the decades since the voluntary renewable energy credit marketplace cropped up, a bevy of options for acquiring renewables has bloomed. Companies can choose from options including buying RECs, investing in onsite renewables and signing virtual power-purchase agreements. Now, a growing segment of corporate renewable buyers — many with goals of achieving 100 percent clean energy — are aiming for even more sophisticated purchasing models. Last week, Google announced a step forward in… Source link

Read More »