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Press Releases
ACORE Statement on the Treasury Department’s Proposed Regulations on the Advanced Manufacturing Tax Credit
WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released proposed regulations today on the Section 45X Advanced Manufacturing Production Tax Credit for solar and wind components, inverters, batteries, and qualifying critical minerals. Following is a statement from Jose Zayas, Executive Vice President of Policy and Programs for the American Council on Renewable Energy (ACORE):
“ACORE applauds the Biden-Harris administration and members of Congress responsible for enacting into law this critical tax incentive, one of several key tools the industry now has to grow its domestic manufacturing capabilities. Over the past year, nearly $100 billion in clean energy manufacturing investments have been announced, with plans for close to 100 new facilities across the U.S. – including several from ACORE members – that will support thousands of good-paying American jobs.
“However, this remarkable progress is only just beginning. We deeply appreciate the work the Treasury Department and the IRS did to issue these proposed regulations this year, as projections show the Section 45X manufacturing tax credit will help spur billions of dollars in new economic activity over its life. The inclusion of key components, including emerging battery technologies and offshore wind vessels, in addition to prior guidance unlocking the direct pay option for the 45X credit, provides needed clarity for our sector as we work toward achieving the enhanced domestic manufacturing base we need to meet the growing demand for clean and renewable power, secure our grid, lower costs, and maximize American competitiveness.”
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About ACORE:
For more than 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s premier pan-renewable nonprofit organization. ACORE unites finance, policy, and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.
Media Contacts:
Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Energy
hobson@acore.org | 202.830.3592 (o) | 202.594.0706 (c)
Dylan Helms
Associate, Communications
American Council on Renewable Energy
helms@acore.org | 202.935.6491 (o) | 727.290.8804 (c)
The post ACORE Statement on the Treasury Department’s Proposed Regulations on the Advanced Manufacturing Tax Credit appeared first on ACORE.
https://acore.org/news/acore-statement-on-the-treasury-departments-proposed-regulations-on-the-advanced-manufacturing-tax-credit/
Renewable Energy
There Are Some High-Powered Trump Supporters, But Why?
What kind of people are the celebrities in music and digital media as a whole? Not an easy question to answer.
Obviously, they’re talented. Most are well educated and many have the good looks that come from good genetics.
And yes, most of these people have the intelligence to see that Donald Trump is a criminal sociopath on target to destroy the U.S. while enriching himself beyond measure.
For every Jon Voight (see left) that are perhaps 1000 Robert Deniros, Bruce Springteens, and Leonardo Dicaprios.
But why are there any Jon Voights at all? The answer is unclear.
I once met a Princeton grad to whom I explained that a guy from my prep school in Philadelphia went to Princeton, and now is all over social media shouting, “Close the Borders!” and “English Only!”
My new acquaintance laughed hysterically, and said with a smile, “Yes, we have grads like this, perhaps one in a few thousand. What a waste of hundreds of thousands of dollars. You can get that level of education by dropping out of high school and driving a truck.”
Renewable Energy
Republicans Who Are Saying: ENOUGH!
At left we see an example of a phenomenon that seems to be happening with increasing frequency: a life-long Republican saying “enough” and refusing vote for the current version of the GOP.
I applaud people who have both:
a) the intelligence to see where a party has crossed a moral line, and is now operating as a criminal enterprise.
b) the inner courage to do this, as it is hard for most people to admit they were wrong after a lifetime of kneejerk reactions, especially on a topic of such importance.
Renewable Energy
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