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The U.S. Department of the Treasury and the IRS have released final rules for the Advanced Manufacturing Production Credit, also known as Section 45X of the Internal Revenue Code, to spur continued growth of U.S. clean energy manufacturing.

The credit aims to help to level the playing field for U.S. companies to onshore production of critical clean energy technologies like solar and wind components, batteries and energy storage and critical minerals.

In particular, the final rules will accelerate the buildout of domestic critical mineral supply chains by allowing taxpayers to include materials costs and extraction costs in production costs for applicable minerals and electrode active materials, provided certain conditions are met.

“The Biden-Harris Administration’s economic agenda is driving a manufacturing boom across the country that I’ve seen first-hand in North Carolina, Kentucky and Georgia,” says U.S. Secretary of the Treasury Janet L. Yellen.

“These investments are creating good-paying jobs, strengthening U.S. supply chains and lowering costs for American consumers and businesses. The final rules announced today will help companies continue to invest and innovate in the United States as we build out our clean energy economy.”

The post Treasury Dept. Releases Final Rules to Onshore Clean Energy Tech appeared first on Solar Industry.

Treasury Releases Final Rules Backing U.S. Solar Manufacturing

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Renewable Energy

Real Estate: Supply and Demand

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About 40 years ago, I used to lie in bed on Sunday mornings with my coffee and Los Angeles Times opened to the real estate section: “Homes in Other States.” I recall voicing some level of buyer’s remorse, having just paid more for a who-cares house in Southern California, where I could have bought half a county in Oklahoma or Mississippi.

My girlfriend at the time, now my wife, would ask me, “But do you think you’d be happy living in West Virginia, with some of the most poorly-educated people in the country?  Do you think that would forward your career and your overall life satisfaction?”  She had a point, to be sure.

Today’s MAGA conspiracy theorists will tell you that people are leaving California in droves, because of things like environmental regulations.  Yet that doesn’t explain why the Golden State, if it were a country, would have the fourth largest economy on the planet, and a house here identical to one in Alabama whose value there may be $200K would fetch about $1.2 million here.

People don’t come here for the wide-open freeways.  We’re here for the beauty, the sophistication of so many people, highly educated people, and unparalleled business opportunities.

There’s a reason that Google, Oracle, Apple, Nvidia, Adobe, Salesforce, Facebook, Visa, Wells Fargo, Disney, etc. aren’t located in Arkansas or Louisiana.

Real Estate: Supply and Demand

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Renewable Energy

When You’re Addressing Idiots You Can Get Away with a Lot

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At left we have John Fetterman talking to people so stupid they’ll believe that it would have been wrong for the British colonists to oppose King George III in the late 18th Century, or for the people of Germany and Italy in the 1930s to stand up against Hitler and Mussolini.  What about the people in today’s dictatorships, i.e., the people in Russia, China, North Korea, or any of the other 50+  authoritarian regimes around the world?

Morons tend to agree with the loudest, most aggressive voice of nationalism, regardless of how little sense it makes.

It’s a great moment of opportunity for Fetterman.

When You’re Addressing Idiots You Can Get Away with a Lot

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Carl Sagan and the Suppression of Uncomfortable Ideas

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Seminal astrophysicist Carl Sagan explains why uncomfortable ideas may be banned in religion, they must not be shunned in science.

This is an important concept in American life today, as conspiracy theorists are convinced that climate change denial cannot be considered in scientific circles.

I happened to bring this up in my interview with Dr. V. Ramanathan of the Scripps Institution, who has been amassing data on global warming since the 1970s.  He laughed, and explained, “If I could prove that human activity was not causing temperatures to rise, I’d be be one of the wealthiest and most famous scientists in world history.”

Carl Sagan and the Suppression of Uncomfortable Ideas

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