(Nan’s Note: I have had a ‘wait-n-see’ attitude about Copenahagen. It’s hard to keep up with the news, since it continues to rapidly change. So this is a hopeful proposal from Joe Biden that came out last week – create jobs with bigger renewable energy tax breaks for manufacturers! My favorite part, remodeling junkie that I am, is a tax credit for homeowners to retrofit their homes for energy efficiency! Congress needs to pass this, of course, so make your voices heard! Thank you!)
By Zachary Shahan
In the midst of the Copenhagen negotiations last week, the White House announced a proposal to give a huge increase in tax breaks to manufacturers who produce wind, solar, geothermal, or other clean energy technologies. The goal of the tax breaks is to stimulate more job growth and promote clean energy technology more in the US.
With clean energy technology poised to become the third largest sales sector in the world, Obama and Biden realize that they must stimulate this field in the US a bit more to get the jobs that go with that growth.
Read more about this proposal at Clean Technica, one of my favorite sites for renewable energy news!
