ACORE Statement on the Treasury Department’s Proposed Regulations on the Advanced Manufacturing Tax Credit

December 14, 2023

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

Renewable Energy Concepts Can’t Violate the Laws of Physics

Published

7 hours ago

February 28, 2026

Alice Rush

In the early days of 2GreenEnergy, my people and I were vigorously engaged in finding solid ideas in cleantech that needed funding in order to move forward.

I vividly remember a conversation with a guy in Maryland who was trying to explain the (ostensible) breakthrough that he and his team had made in hydrokinetics. When I was having trouble visualizing what we was talking about, he asked me to “think of it as a river in a box.”

“Oh!” I exclaimed. “You mean you take a box full of standing water, add energy to it get it moving, then extract that energy, leaving you with more energy that you added to it.”

“Exactly.”

I politely explained that the laws of physics, specifically the first and second laws of thermodynamics, make this impossible.

He wasn’t through, however, and insisted that, in his office, his people had constructed a “working model.”

Here’s where my tone descended into something less than 100% polite. I told him that he may think he has a working model, but he’s wrong; if he believes this, he’s ignorant; if he doesn’t, but is conducting this conversation anyway, he’s a fraud.

“But don’t you want to come see it?” he implored.

“No. Not only would not fly across the country to see whatever it is you claim to have built, I wouldn’t walk across the street to a “working model” of something that is theoretically impossible.”

—

I tell this story because the claim made at the upper left is essentially identical. You’re pumping water up out of a stream, and then claiming to extract more energy when the water flows back into the stream.

Of course, social media today is rife with complete crap like this. We’ve devolved to a point where defrauding money out of idiots is rapidly replacing baseball as our national pastime.