*fist pump*
A bill to create a 25 percent tax credit for the construction of facilities used to manufacture renewable energy has cleared the N.C. House. It now heads to the state Senate’s finance committee.The credit, to be taken against state income or business franchise taxes, applies to the construction of a variety of renewable-energy projects, including biomass, hydro-generation, solar, wind and geothermal heat pumps.
Read the rest of this Charlotte Business Journal article, and find out how Duke Energy may be affected, here.
A discussion on what renewable energy is, and how it can impact our economy, at Stanford University, recorded in April 2009, that’s worth watching:
This article appears in Jun 8-14, 2010.
Frank, you moron. If that’s your argument, then why not argue against coal subsidies. If it weren’t for tax payer money, coal would cost a lot more. Nothing about that nasty stuff is a good deal. The government has been picking sides for a long time, why stop now?
What?