Today the Senate Committee on Energy and Natural Resources met to discuss China’s effort in clean energy and how we can collaborate and/or compete with them to gain a foothold in the clean energy industry. The chairman of the committee Senator Jeff Bingaman started off the hearing saying that he has been impressed with China’s […]
Yesterday, the Senate Finance Committee had a members meeting to discuss extending the renewable energy production tax credit 1603 that currently allows an income tax credit of 2.2 cents per kilowatt-hour. This tax credit is set to expire at the end of 2012 for wind energy and at the end of 2013 for other renewable sources. Representatives […]
Senators Coons of Delaware and Moran of Kansas introduced a bill on Thursday that would allow the renewable energy industry access to tax advantages by forming Master Limited Partnerships (MLP). MLPs are companies that are taxed as partnerships but whose stocks can be traded on the market. Up to this point, only fossil fuel enterprises were allowed […]
