Connect with us

Published

on

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.”

###

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/

Continue Reading

Renewable Energy

Here’s How to Clean Away a Messy Toilet Using Today’s Incredible Technology

Published

on

I’ve never seen a toilet this soiled by diarrhea.  But thankfully, there are now products that use pressurized steam to clean messes like this more-or-less instantly.

Apparently, they’re selling like hotcakes, but only to people incapable of asking themselves, “Where does all this fecal matter actually go? Does it seem like a good idea to blast it all over the bathroom?  And if the bathroom door’s not closed, all over the house?”

Here’s How to Clean Away a Messy Toilet Using Today’s Incredible Technology

Continue Reading

Renewable Energy

Home Schooling Is a Bit Controversial

Published

on

In an average month, I meet at least one person who is homeschooling their child.  I’m always tempted to ask about their reasoning, but I don’t, as it would bring up politics in at least 90% of cases, and I don’t like to alienate people by putting them on the defensive.

They probably know that homeschooling comes at a cost in terms of depriving the kid of the socialization that comes along with being surrounded with children their own age, but they believe they are protecting their kid from the multiplicity of dangers in public, and perhaps worse, private schools, starting with required vaccinations, then continuing into indoctrination into godlessness, socialism, science, and questioning the morality of America.

Obviously, as U.S. citizens, we have an extremely broad range of rights when it comes to how we raise our children.  If we keep them fed and get them medical treatment when required, we’re home free.

If I had any inclination whatsoever to challenge these people, I’d ask about their proficiency with history, writing, and math.  Even the common MAGA parent can teach his kid to read at a basic level and get through the multiplication tables, but how well is he equipped to take on geometry and the developments made by the Sumerians?

Clearly, such a discussion on this topic could get ugly very quickly.

Home Schooling Is a Bit Controversial

Continue Reading

Renewable Energy

Pride Flags

Published

on

To me, a pride flag says, “We accept LGBTQ people, and we bear them no malice.”

That seems just fine.

Pride Flags

Continue Reading

Trending

Copyright © 2022 BreakingClimateChange.com