Gallery: Newly Signed Tax Bill Extends Important Green Energy Credits

 

The tax bill that was causing so much contention in Washington has finally been signed and is set to extend much more than the Bush era tax cuts — it will also give an extension to green energy credits as well. That’s right, the renewable energy grants instated during the start of the recession were set to expire on December 31st of this year, but with a swoop of their pens, President Obama and Congress gave them another 365 days of life.

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  1. greentechbuyer January 5, 2011 at 6:47 pm

    While the extension of these credits has been fantastic for the renewable energy side of the green technology industry, it has been a bit of a smokescreen for the failure of Home Star legislation that would provide $6B in residential energy efficiency retrofits. Bills supporting flashier green projects like solar and wind tend to outweigh the importance of energy efficiency in the public eye. For those interested in why Home Star will likely fail in 2011: http://www.greentechbuyer.org/blog/why-home-star-is-doomed-in-2011.html

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