Tag Archives: investment tax credit
Vote these people out. US Extends Offshore Wind Tax Credit
The Offshore Wind Incentives for New Development Act introduced by Senators Markey (D-MA), Whitehouse (D-RI), and Congressman Jim Langevin (RI-02), as well as the Incentivizing Offshore Wind Power Act introduced by Senators Carper (D-DE) and Collins (R-ME) would extend the federal Investment Tax Credit (ITC) at 30 percent of the project’s total value for six years and eight years respectively. >click to read< 14:55
Cape Wind Spokesman Mark Rodgers, “Do you have the tea party in Germany?”
Leaders in the American and German offshore wind industries emphasized the importance of a secure political climate in making the region’s offshore wind aspirations a reality during a panel discussion at the Whaling Museum on Tuesday morning. “Investors want a guarantee that the political climate will not change between when they invest and when they get a return,” U.S. Rep. William Keating, D-Mass proposes the next investment tax credit extension expire not on a particular date, but rather when there are 3,000 megawatts of offshore wind energy in the United States. (For reference, Cape Wind is a 455-megawatt project). In other words, NEVER more@cconline 07:24
