Permanent Extension of Wind/Solar Tax Credits in Obama's 2016 Budget

Posted by Amy Guinan

Mar 4, 2015 8:00:00 AM

obama_energyPresident Obama has made fighting climate change his top priority in the last two years of his presidency - renewable energies would receive new capital investments and existing incentives would be strengthened.

In the fiscal 2016 budget, Obama is proposing $7.4 billion in funding for clean energy (a 7% increase from the 2015 budget) and an additional $4 billion fund to encourage US states to transition away from coal more quickly.  The budget highlights a fiscal argument to fight global warming:  the United States has taken on over $300 billion in direct costs resulting from extreme weather and fire in the past decade.

Widely applauded by the wind and solar industries, Obama's budget also calls 

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N.Y. Approves New Round of Solar, Renewable Incentives

Posted by Daniel Kulpinski

Mar 26, 2010 10:10:00 AM

The New York Public Service Commission set aside $279 million in incentives over the next five years for small-scale renewable energy projects. About $170 million of the total has been tagged for solar-technology projects. The Commission’s approval came on March 25.

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