Posts Tagged ‘tax credits’

MMA Renewable Ventures Raised ‘Nearly $200M’ Last Year — and Spent It

MMA Renewable Ventures closed nearly $200 million in its third fund, the solar financer and developer said Tuesday.

The company, which finances and develops solar installations, raised the money last year and already spent the cash to create 20.6 megawatts of new solar-power projects throughout the United States. Those projects included a 2-megawatt system at the Denver International Airport, as well as installations for Macy’s Inc., Gap Inc., Florida Power & Light Co. and Lowe’s.

Senate Stimulus Tax Plan Offers Incentives For Plug-In Electric Cars

Energy tax provisions slated for the massive economic stimulus bill include expanded incentives for plug-in electric vehicles.

Now that’s some seriously good news even though gas prices are the lowest they have been in a long time.

The Senate unveiled yesterday that they would mark up the $272 billion tax measure as they are a promising way to help curb reliance on oil imports by effectively allowing electric power to substitute for oil-based transportation fuels. The energy provisions total more than [...]

Congress Considers “Fix Housing First” Tax Credit

In an effort to stabilize the housing market, Georgia Senator Johnny Isakson introduced S. 253, which seeks to expand the homebuyer tax credit passed by Congress last year.  Instead of offering a tax credit only for first time home buyers that must be repaid over a 15-year period, the expanded proposal includes tax credits for all purchasers that do not need to be repaid unless the home is sold within three years.  Included in the proposal are the following:

  • Extending the eligibility period for the credit to December 31, 2009.
  • Increasing the credit amount to 10 percent of the home price capped at 3.5 percent of FHA loan limits.
  • “Monetizing” the credit so it is available at time of closing
  • Allowing the credit to be used in conjunction with mortgages financed by state or local bonds.

Green Building Resources To Get You Off To A Great Start in 2009

Here we are officially at the start of what promises to be a year of taking steps towards the sustainable lifestyle that will positively impact us over the long term. What better time than now to think about how you can plan your green building efforts over the course of this year.

As always, the writers of Green Building Elements are here to guide you with all of the wonderful green resources that we here about everyday.

If you have not already [...]

Tax Credits Available in 2009

The “economic bailout” passed by Congress in October included the extension of federal tax credits for energy efficiency. Here is a brief overview of the federal incentives.

First Time in the USA, A Quiet Rooftop SWIFT Wind Turbine For Homes & Businesses

Cascade Engineering has just launched its SWIFT Wind Turbine in the United States and Canada. Quieter than a whisper, SWIFT provides businesses and homeowners in windy environments an effective solution to lower energy bills and reduce carbon emissions.

A Breakthrough Technology to Transform CO2 into Fuel

Carbon Sciences, the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products such as precipitated calcium carbonate (PCC) is now developing a breakthrough technology to transform CO2 into the basic fuel building blocks required to produce gasoline, diesel fuel, jet fuel and other portable fuels.

Supply Side Economics: Transforming Carbon Emissions Into Useful Products

Carbon Sciences, Inc. has developed an innovative technology to convert carbon dioxide (CO2) - which is implicated in the issue of global warming - into a number of commercially useful, earth-friendly carbon products. The company calls this technology advance: GreenCarbon Technology. The aim is to extract value from carbon emissions by transforming the gas into a product that holds commercial value.

McCain vs. Obama: How Do The Candidates Stack Up On Energy?

Obama and McCain agree on the goals of energy and climate policy. Both candidates acknowledge global warming is man-made and advocate a mandatory cap-and-trade policy in the United States for dealing with carbon emissions — something the Bush administration opposes. They’re also largely in agreement over reducing oil consumption and investing in new energy technologies.

Carbon Sciences: Transforming CO2 Into Useful Technology

Energy independence seems to be each country’s topmost agenda in today’s challenging economic climate. While many companies are looking to take advantage of the new tax credits extended to renewable energy industries, others are looking to solve the problem finding ways to convert emissions into high value, sustainable technology. Carbon Sciences is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into useful carbonate products that can be used by the paper, pharmaceuticals and FMCG industries.

Federal Bailout Extends Green Building Tax Credits

Among the “sweeteners” added to last week’s $700 billion financial bailout was the extension of the Energy Efficient Green Building Tax Deduction.

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