Manufacturing Industry
U.S. WIND POWER INDUSTRY GETS TAX CREDIT that expired last year.
Advanced Materials & Composites News, March, 2002
The U.S. wind power industry on 11 March got its two-year extension of a key federal tax credit, that will restore momentum to an industry that saw record growth last year but then froze in its tracks due to a delay in the tax credit. The wind energy Production Tax Credit (PTC), an important factor in financing new wind power projects, was part of the economic stimulus bill signed on 9 March by President George W.
Bush. The wind energy PTC, which had expired on Dec. 31, will be extended retroactively from that date to Dec. 31, 2003. It provides a 1.5 cent-per-kilowatt-hour tax credit for electricity generated by wind turbines. "It's great news because now we can begin to tap into the momentum that was running so strongly at the end of last year," said...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
