Latest In

News

Bingaman, Snowe Introduce Energy Tax Incentives Package

Sens. Jeff Bingaman (D-N.M.) and Olympia Snowe (R-Maine) have introduced an energy tax incentives bill that they are urging the Senate to pass before the end of

Jul 31, 2020
5K Shares
561.8K Views
Sens. Jeff Bingaman (D-N.M.) and Olympia Snowe (R-Maine) have introduced an energy tax incentives bill that they are urging the Senate to pass before the end of the year. The bill includes tax incentives for homes and businesses that invest in energy efficiency, manufacturers of clean energy technology and developers of energy storage technology, which is essential to prove the viability of intermittent renewable energy sources like wind and solar.
In a statement, Bingaman said:
We must continue to ensure that the Tax Code contains well-designed incentives that will help us transition to an energy efficient economy. Our bill will significantly expand domestic clean energy manufacturing; help American businesses and families reduce their energy use and dependence on fossil fuels; and creat thousands of jobs. This is a common-sense, bipartisan proposal that deserves priority consideration.
Here’s a summaryof the bill’s provisions.
Camilo Wood

Camilo Wood

Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles