The Senate Tuesday voted to extend $17 billion in tax credits for wind, solar, biomass, hydroelectric, and geothermal power, easing fears that the fledgling alternative energy industry would find itself unable to compete with fossil fuels.
The tax credit, which was added to the Renewable Energy and Job Creation Act, would extend residential and business tax breaks for solar energy for eight years, wind energy for one year, and other renewable sources, such as tidal and geothermal projects for two years. The bill also includes a tax credit of up to $7,500 for plug-in electric cars. The Senate approved the bill 93-2.
The House passed a version of the bill in May.
Nice. I was induced to read the article by the 'eats shoots leaves' headline, 'Senate passes tax breaks renewable energy,' which is missing something, probably the preposition 'for.' Initially I thought they'd passed a tax which would break renewable energy; this didn't sound like a good idea.
There was lots more on the Christian Science Monitor's Bright Green Blog. For example, New York is number 5 on the sustainable cities list. Not too shabby, as there are a lot of cities.
On the main site, there's the Moringa tree, which I'm all hot to try. I'm going to put this on the list with purslane.
The point, I guess, is that I should subscribe to the Monitor again.