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Treasury Department, IRS Release Initial Guidance on Technology-Neutral Tax Credits

WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released initial guidance today on the technology-neutral tax credits (Sections 45Y and 48E). Following is a statement from Ray Long, President and CEO of the American Council on Renewable Energy (ACORE), on the guidance:

“Today’s announcement is another ‘win’ for American consumers seeking affordable, reliable, and clean electricity.

“The technology-neutral tax credit simplifies the tax code and is expected to lower the average annual electric bill by $29-74 per household in the next six years and $42-95 by 2035. This amounts to tens of billions of dollars in electricity cost savings for U.S. families.

“The tax credit increases American energy security and reliability by deploying new clean electric generation from wind, solar, battery storage, and other zero-carbon technologies. Analysis has shown that by 2035, clean energy capacity will increase by up to 50%.

“From this clean energy deployment, our environment will be substantially cleaner. By 2035, carbon emissions are expected to drop 43-73% below 2022 levels.

“This is truly a game-changing policy for all Americans. ACORE applauds the Treasury Department for releasing this guidance, and we look forward to the significant economic growth, job creation, and other benefits that will follow.”

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About ACORE:
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to renewable energy expansion. 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
Manager, Communications
American Council on Renewable Energy
helms@acore.org | 202.935.6491 (o) | 727.290.8804 (c)

The post Treasury Department, IRS Release Initial Guidance on Technology-Neutral Tax Credits appeared first on ACORE.

https://acore.org/news/treasury-department-irs-release-initial-guidance-on-technology-neutral-tax-credits/

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The SAVE Act

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It appears that there are a few Republicans who understand the SAVE Act is simply an exercise in voter suppression and thus an attempt to overturn American democracy.

We need to accept any little bit of good news where we can find it.

The SAVE Act

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Renewable Energy

What We Want from the State

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What we see at left is a a perfect example of a “straw man” argument, i.e., one that deliberately twists one side of the debate. If you asked to guess as to the percentage of Americans who want to give up free enterprise and hand over the “means of production” to the government, I’d say it could be 1/100th of a percent.

Practically nobody wants “everything from the state.” What most of us want, in addition to the many dozens of other things that the U.S. federal, state, and local governments provide us is Medicare for all and subsided education, which is the form of government in the countries that consistently come in at the top of the World Happiness Rankings.

What We Want from the State

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Preferences for Musical Genres and Political Demographics

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The following is simply raw speculation on my part.  I’ll be interested in your comments.

There are musical styles that align themselves with left- and right-wing politics, though none of these, with the possible exception of one, has 100% of its audience–more on this below.

Here are a few musical genres, where they seem to be pro- or anti-Trump. and why:

Classical.  Largely but not exclusively anti-Trump.  Classical appeals to the mind and the emotions that surround the perception of beauty, and people who are strong in these areas are generally anti-Trump.  There are exceptions, in that there are plenty of billionaires and weirdo intellectuals, e.g., the “objectivists” of Ayn Rand fame many of whom adore classical music.

Country.  Pro-Trump.  Most of it appeals to people whose most nuanced thinking concerns getting drunk and laid in the back of their pick-up truck.

HipHop: Pro-Trump.  The opposite of classical, this is music that appeals to the genitalia as opposed to the mind.

Rock.  Mixed bag.  Heavy metal probably favors Trump; fans of prog-rock bands like Yes and Pink Floyd have too much going on in their minds and hearts to be Trump supporters.

Folk: Mostly anti-Trump.  Pete Seeger and Bob Dylan fans aren’t big on stupidity and fascism.  I’m sure there are exceptions.

Reggae: Distinctly anti-Trump.  Black folks’ songs of love, peace, weed, and escape from slavery aren’t going to resonate with the hate of the White supremacists.

The Grateful Dead.  I’ll leave you with this.  If you can find me a single Dead Head Trumper, I’ll be astounded.  Now, I know that essentially no one sits on the fence about the Dead; they have their detractors. But there is essentially zero intersection of Dead Heads and those who favor war, corruption, hate, greed, and ignorance.

Preferences for Musical Genres and Political Demographics

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