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Legislation to help USA renewable energy, by way of tax code

Tweaking US tax code could spur green energy: senator, Climate Spectator,  8 Jun 2012, Reuters WASHINGTON, – A freshman U.S. Democratic senator thinks he may have found a way to encourage investment in wind, solar and biofuel projects without sapping too many taxpayer dollars or injecting new venom into a bitter partisan battle over energy incentives.

Chris Coons introduced legislation on Thursday that would allow a broad range of renewable power generation and transmission projects to qualify for a tax structure used widely by pipeline and other energy-related companies.
The bill is unlikely to be considered until after the November presidential election, but may give lawmakers food for thought as they wrestle with whether to extend tax breaks for green energy set to expire this year….. http://www.climatespectator.com.au/news/update-1-tweaking-us-tax-code-could-spur-green-energy-senator-0

June 8, 2012 - Posted by | politics, USA

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