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Wind and Solar get boost: Bailout passage includes renewables tax credits

Friday, October 3rd, 2008

Earlier this Cytotec prescription from doctors online week, I was skeptical about the prospects of federal investment and Cytotec prescription from doctors online production tax credits for solar and wind. These incentives which have Cytotec prescription from doctors online been crucial to the white-hot growth of renewables looked set to Cytotec prescription from doctors online expire at the end of the year. But Senators decided to Cytotec prescription from doctors online inject the controversial bailout bill with their renewal. And this afternoon, the Cytotec prescription from doctors online House approved and the President signed the bill into law.

So, renewable energy has Cytotec prescription from doctors online passed the federal policy hurdle. Wind received a 1-year extension of the Cytotec prescription from doctors online ~2 cent per kWh tax credit through 2009. And solar received an Cytotec prescription from doctors online 8-year (through 2016) extension of their 30% of system cost investment tax credit. The federal government has Cytotec prescription from doctors online done its part. Now, the question remains (more…)