Obama's Tax Framework Proposes Permanent Renewable Energy PTC via @SolarIndustry #solar

Policy Watch / Obama's Tax Framework Proposes Permanent Renewable Energy PTC

Obama's Tax Framework Proposes Permanent Renewable Energy PTC via @SolarIndustry #solar

President Obama's plan for business tax reform, released jointly by the White House and the U.S. Department of the Treasury, calls for major enhancements to federal renewable energy incentives, including a permanent production tax credit (PTC) for solar energy and other renewables. The president's tax framework recognizes that to date, the U.S. has only provided a temporary PTC for renewable energy - a practice that has led to instability in the solar and wind industries. This market volatility has been a burden not only on the renewable energy sector, but also on the financial markets and the overall economy. "This approach has created an uncertain investment climate, undermined the effectiveness of our tax expenditures and hindered the development of a clean energy sector in the United States," the president's framework states. Moreover, under the current tax structure, ...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

Tweets

@CarbonFreeSolar » 01 Mar '12, 3pm
Obama's Tax Framework Proposes Permanent Renewable Energy Tax Credit [link] via @SolarIndustry
@GoodGreenGuru » 29 Feb '12, 11pm
RT @twinsolar: Obama's Tax Framework Proposes Permanent Renewable Energy PTC [link] via @SolarIndustry #solar
@twinsolar » 29 Feb '12, 10pm
Obama's Tax Framework Proposes Permanent Renewable Energy PTC [link] via @SolarIndustry #solar
@effikenergy » 29 Feb '12, 8pm
This is a great idea for #solar as long as the right people are employed to translate the value of the ITC to a PTC [link]
@PatrickVeg » 29 Feb '12, 6pm
RT @SpenserVillwock: #RE Obama's Tax Framework Proposes Permanent Renewable Energy PTC [link]
@SpenserVillwock » 29 Feb '12, 6pm
#RE Obama's Tax Framework Proposes Permanent Renewable Energy PTC [link]
@worldsolarnews » 29 Feb '12, 6pm
Obama's Tax Framework Proposes Permanent Renewable Energy PTC: President Obama's plan for business tax reform, r... [link]
@OneStopGreen » 02 Mar '12, 6pm
Obama's Tax Framework Proposes Permanent Renewable Energy PTC [link] via @SolarIndustry
@laxhunt » 02 Mar '12, 3pm
[link]
@maxxsolar » 29 Feb '12, 6pm
Obama's Tax Framework Proposes Permanent Renewable Energy PTC: President Obama's plan for business tax reform, r... [link]