Tag archives for wind subsidies
Fiscal Cliff Deal Reached, Clean Energy Not Forgotten
Posted by Tim Profeta of Nicholas Institute for Environmental Policy Solutions, Duke University on January 3, 2013 After months of negotiating, lawmakers in Washington, D.C., reached an agreement to avoid the so-called “fiscal cliff.” Featured in the measure is an extension of a renewable electricity production tax credit for wind, geothermal and some biomass projects, which gives credit for each kilowatt-hour of energy they produce. Highly contested prior to the bill’s passing was the credit’s impact on the wind industry. The credit, which offers 2.2 cents per kilowatt-hour of…
As Markets Dive, Clean Energy Stocks Hit by “Triple Whammy”
Posted by Mason Inman on August 11, 2011 The stock market took a beating this week, after the rating agency Standard & Poor’s downgraded U.S. bonds—but clean tech stocks have been falling even faster than the market as a whole. Shares in clean energy companies have been hit by a “triple whammy”—producing too much capacity for the demand, problems with government debt, and…
