Group items matching

in title, tags, annotations or url

Vote to pass a bill that extends energy efficiency tax credits, as well as various individual and business tax credits. Official Title of Legislation: HR 7060: To amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. Highlights: - Extends tax credits for wind facilities until January 1, 2010, and credits for qualified biomass, geothermal or solar, small irrigation power, landfill gas, trash combustion, hydropower, and marine and hydrokinetic renewable energy facilities until October 1, 2011 (Sec. 101, 102). - Extends residential energy efficient property credits for solar electric, solar water heating, and fuel cell property expenditures until December 31, 2016 (Sec. 104). - Extends the residential energy efficient property credit allowable against the alternative minimum tax to the taxable year starting in 2007 (Sec. 104). - Reduces the maximum income tax deduction allowed for domestic production of oil and gas (Sec. 401). - Extends the business research credit through December 31, 2009 (Sec. 221). - Extends tax deductions for college tuition payments through the taxable year ending December 31, 2009 (Sec. 202). - Allows a base credit of $3,000 for plug-in electric motor vehicles, with up to an additional $2,000 for vehicles drawing propulsion energy from a battery of 5 or more kilowatt hours of capacity (Sec. 124). - Encourages bicycle commuting by allowing tax-free reimbursements to cover expenses such as the purchase of a bicycle and maintenance if the bicycle is regularly used to travel between the employee's residence and place of employment (Sec. 126). - Extends the Federal Unemployment Tax Act surtax that employers pay with respect to individuals they employ through 2010 (Sec. 404). - Extends tax credits for solar energy property until January 1, 2017 and credits for fuel cell and microturbine pr

President-elect Obama, throughout the campaign, you pledged to find ways to provide relief for the rising energy prices that affect millions of American households and businesses. This was a leading issue for voters, especially during the summer when gasoline exceeded $4.00 a gallon. Though gasoline prices have since plummeted in the global economic downturn, this respite will only be temporary unless you take strong steps now. The nation also faces continued increases in electricity costs and even the possibly of shortages and rolling blackouts, and you should take steps to ensure that new electric generation can meet the nation's need for power.

Alliant Energy produces electricity and sells electricity and natural gas to customers in Iowa, Minnesota, and Wisconsin - as well as providing transportation and environmental engineering and consulting.

New research from Stanford University ranks wind power as the most promising alternative source of energy. Titled Review of solutions to global warming, air pollution, and energy security, the report from civil and environmental engineering professor Mark Z. Jacobson ranks the world's energy options -- putting wind, concentrated solar and geothermal at the top of the list, and nuclear power and coal with carbon capture and sequestration in a tie for dead last. ... From his findings, Jacobson is able to suggest that the U.S. government invest money and create jobs around the development of wind, solar and geothermal: "There is a lot of talk among politicians that we need a massive jobs program to pull the economy out of the current recession," Jacobson said. "Well, putting people to work building wind turbines, solar plants, geothermal plants, electric vehicles and transmission lines would not only create jobs but would also reduce costs due to health care, crop damage and climate damage from current vehicle and electric power pollution, as well as provide the world with a truly unlimited supply of clean power."

ndiana, United States [RenewableEnergyWorld.com] The Joint Coordinated System Plan (JCSP'08), the first step of a transmission and generation system expansion analysis of the majority of the Eastern Interconnection, estimates the electricity sector will need more than US $80 billion in new transmission infrastructure to obtain 20% of the region's electricity from wind energy generation. "This is information we believe that our leaders need to consider as they begin work under a new administration and start defining our energy future." -- John Bear, President and CEO, Midwest ISO This initial analysis, which was performed with participation from major transmission owners and operators in the Eastern U.S., looked at two scenarios to examine transmission and generation possibilities between 2008 and 2024. The first, a Reference Scenario, assumes "business as usual" with respect to wind development, with approximately 5% of the region's energy coming from wind. The second was a 20% Wind Energy Scenario and was based on the U.S. Department of Energy's Eastern Wind Integration and Transmission Study.

If California expands its renewable power generation to be a third of electricity delivered in the state by 2020, it may cost $60 billion, the state's utility regulator said in a report issued on Thursday. It is more costly to make electricity with renewable power -- solar, wind, geothermal and other sources that emit no or low amounts of global-warming greenhouse gases -- than with natural gas, nuclear and coal power plants.

* Opens federal waters beyond 50 miles from shore along the Atlantic and Pacific coasts to oil and gas drilling, ending drilling bans that have been in effect for 26 years. States would have to agree to drilling for areas between 50 and 100 miles from land. * Rolls back $18 billion in tax breaks for the five largest oil companies and requires energy companies to pay billions of dollars in additional royalties from oil taken from the deep water areas of the Gulf of Mexico under questionable leases issued in the late 1990s. * Requires the release of 70 million barrels of oil from the government's Strategic Petroleum Reserve to put more oil on the market and lower gasoline prices. * Makes it a federal crime for oil companies holding federal leases to provide gifts to government employees, a response to a recent sex and drug scandal involving the federal office that oversees the offshore oil royalty program and energy company employees. * Provides tax credits for wind and solar energy industries, the development of cellulosic ethanol and other biofuels, and purchase of plug-in gas-electric hybrid cars. * Requires utilities to generate 15 percent of their electricity from solar, wind or other alternative energy source. * Gives tax breaks for new energy efficiency and conservation programs including the use of improved building codes low-interest loans for energy efficient homes, and for companies that promote their employees use of bicycles for commuting.

Electric grids are getting smarter in an IBM lab in Texas as the promise of billions of US economic stimulus dollars fuels a drive to make power delivery more efficient and greener. A chunk of stimulus cash aimed at promoting a "smart grid" designed to foster renewable energy generation and let people and utilities better manage Electricity use has IBM in alliances with a growing host of startups. "Smart grid was starting to get hotter, but post-stimulus it is dead center at IBM and in the venture community we deal with," said Drew Clark, director of strategy at IBM's venture capital group.

China produces 95% of the worlds supply of the rare earth metal, dysprosium, a key metal in magnets used in the drive motors for hybrid electric vehicles - up to 100 grams of dysprosium per hybrid car produced, according to a Wikipedia reference. Dysprosium's magnetic properties also make it an important metal for wind turbines and electric vehicles. Could be vital for MagLev trains, too. Scarcity of the metal is a sustainability and a political issue, according to a recent article in the TimesOnline, Crunch looms for green technology as China tightens grip on rare-earth metals. This does not look good.

Los Angeles will eliminate the use of electricity made from coal by 2020, replacing it with power from cleaner renewable energy sources, Mayor Antonio Villaraigosa said. Consumers of the Los Angeles Department of Water and Power, the largest city-owned utility in the United States with 1.45 million electricity customers, will see higher power bills in the fight against climate change, he added in his inaugural speech for his second four-year term as mayor on Wednesday.

Congress is all but abandoning President Barack Obama's goal of producing fully one-quarter of the nation's electricity from renewable sources - wind, solar and the like - by 2025, though a push for at least some increase is making headway. Both the House and Senate are considering legislation that would establish the first national requirement for electric utilities to generate a certain percentage of their power from renewable energy - from wind turbines and solar cells to biomass and geothermal sources.

Climate change legislation before Congress would boost electricity prices by about 20 percent by 2030, although most of the increases wouldn't begin until after 2020, a government analysis concluded Tuesday. The Energy Information Administration said the ability to contain the cost to consumers depends largely on whether the country is successful in a "large scale" expansion of nuclear power and renewable energy sources that do not emit greenhouse gases and the deployment of carbon-capture technology at coal plants. Legislation, already approved by the House and expected to be taken up in the Senate later this year, would require carbon dioxide and other greenhouse gas emissions be cut by 17 percent over the next 11 years and by 83 percent by mid-century. Opponents of the bill have said such a shift would lead to soaring energy costs, especially for electricity.

Back in September, the City of Houston agreed to buy all the solar power from a proposed NRG $40-million solar plant on a 25-year power purchase agreement, or PPA. The deal called for NRG to foot the bill for the plant, and the city to pay for the power at a rate of 8.2 cents per kilowatt-hour for the first year. What this meant, in real-world terms, was that NRG would supplant some of the solar output with power from other plants, giving the city an effective rate of 8.2 cents, though the agreement overall calls for Houston to pay 19.8 cents per kilowatt-hour. If built, the 10-megawatt solar plant would have been the biggest in the state, providing up to 1.5 percent of the city's electrical needs at a locked-in price on 90 percent of production - a fixed rate that would have served the city well if Reliant Energy raised its rates due to rising costs of oil, gas or coal. Reliant Energy's generation mix is 39.8 percent, followed by natural gas at 23 percent and coal at 22.5 percent - the former two prices likely to rise as the recession eases and tension over Middle East oil prices and production rises.

Back in September, the City of Houston agreed to buy all the solar power from a proposed NRG $40-million solar plant on a 25-year power purchase agreement, or PPA. The deal called for NRG to foot the bill for the plant, and the city to pay for the power at a rate of 8.2 cents per kilowatt-hour for the first year. What this meant, in real-world terms, was that NRG would supplant some of the solar output with power from other plants, giving the city an effective rate of 8.2 cents, though the agreement overall calls for Houston to pay 19.8 cents per kilowatt-hour. If built, the 10-megawatt solar plant would have been the biggest in the state, providing up to 1.5 percent of the city's electrical needs at a locked-in price on 90 percent of production - a fixed rate that would have served the city well if Reliant Energy raised its rates due to rising costs of oil, gas or coal. Reliant Energy's generation mix is 39.8 percent, followed by natural gas at 23 percent and coal at 22.5 percent - the former two prices likely to rise as the recession eases and tension over Middle East oil prices and production rises.

26,400 turbines to wean Britain off its carbon habit Revolutionary plans for a massive expansion of offshore wind farms have been unveiled in a £100bn project designed to usher in a new era of green energy for Britain. A quarter of the country's electricity needs would be met through wind power by 2020 under the strategy, with the construction of 6,400 turbines within nine sites dotted around the coast. The programme amounts to the biggest energy supply shake-up since the discovery of the North Sea oil and gas fields more than 40 years ago.

26,400 turbines to wean Britain off its carbon habit Revolutionary plans for a massive expansion of offshore wind farms have been unveiled in a £100bn project designed to usher in a new era of green energy for Britain. A quarter of the country's electricity needs would be met through wind power by 2020 under the strategy, with the construction of 6,400 turbines within nine sites dotted around the coast. The programme amounts to the biggest energy supply shake-up since the discovery of the North Sea oil and gas fields more than 40 years ago.

The federal government said late Monday it had received a report it commissioned on the best way to break up and sell Atomic Energy Canada Ltd. - but refused to release the report's recommendations, citing "commercial confidentiality considerations." Natural Resources Minister Lisa Raitt announced last spring that the government was prepared to break up AECL, a Crown corporation, into two parts. One part would include the business responsible for selling and building CANDU reactors, the large powerful machines that provide electricity at plants in New Brunswick, Quebec and Ontario. The government signalled its intention to a seek a private sector partner to buy all or part of the CANDU business.

The federal government said late Monday it had received a report it commissioned on the best way to break up and sell Atomic Energy Canada Ltd. - but refused to release the report's recommendations, citing "commercial confidentiality considerations." Natural Resources Minister Lisa Raitt announced last spring that the government was prepared to break up AECL, a Crown corporation, into two parts. One part would include the business responsible for selling and building CANDU reactors, the large powerful machines that provide electricity at plants in New Brunswick, Quebec and Ontario. The government signalled its intention to a seek a private sector partner to buy all or part of the CANDU business.

Get set for a new government carbon tax designed to subsidise the nuclear industry. The Guardian's Tim Webb says that figures he obtained show the additional levy would add £44 to an annual electricity bill of £500 - that's a nearly 10% increase

Get set for a new government carbon tax designed to subsidise the nuclear industry. The Guardian's Tim Webb says that figures he obtained show the additional levy would add £44 to an annual electricity bill of £500 - that's a nearly 10% increase

TOKYO --Caved-in roads, warped pipes, washed away cars, and mounds of rubble and earth -- the premises of the Hirono thermal power station of Tokyo Electric Power Co., Inc. (TEPCO), located in Iwaki City, Fukushima Prefecture, was completely devastated after being struck by the massive earthquake and tsunami on March 11. On March 18, a week after the earthquake, the Denki Shimbun was able to interview three workers of the power plant. While little information has been reported to date as to damage suffered by thermal power plants, the interview provided a glimpse of actual conditions. At the time when the earthquake occurred, the Hirono power station's units 2 and 4 were in operation, units 1, 3 and 5 were off line, and unit 6 was under construction. Units 2 and 4 shut down automatically upon detecting the strong tremor of the earthquake. At the unit 6 construction site, dozens of workers were installing the steel frames of the turbine and boiler buildings. Some of them were working as high as 30 m above the ground. When the workers were shaken by the sudden tremor, they had no option but to cling to the steel frames for the time being. All workers climbed down to the ground and evacuated immediately after the tremor had subsided.

"In a fight that showed the flaws in California's ballot initiative process and the sheer nerve of PG&E, the state's largest utility, clean energy and local control has won. Proposition 16, which would have change California's constitution to force cities and counties to get the approval of two-thirds of their voters before using public money to invest in local energy projects or utilities. PG&E spent over $46 million on the effort, which would have ensured its monopoly. Prop 16 stems from a 2002 state law, that allowed "community choice aggregation," which allows counties or cities to purchase electricity while utilities continue to offer the infrastructure for power delivery--the power lines, distribution equipment, supply natural, and even billing. "

President-elect, Barack Obama, has had a very favorable view of renewable energy, and has presented some specific plans about how to increase the renewable portfolio in the United States. Below is a lis of items in his proposed Comprehensive Energy Plan, with attention to both short term and long term objectives. Comprehensive Energy Plan * Provide short-term relief to American families facing pain at the pump. * Implement an economy-wide cap-and-trade program to reduce greenhouse gas emissions 80 percent by 2050. * Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future. * Within 10 years save more oil than we currently import from the Middle East and Venezuela combined. * Put 1 million Plug-In Hybrid cars -- cars that can get up to 150 miles per gallon -- on the road by 2015, cars that we will work to make sure are built here in America. * Ensure 10 percent of our electricity comes from renewable sources by 2012, and 25 percent by 2025.

-Amory Lovins, a renowned author and big thinker on energy, specializes in making the impossible real. His 4,000-square-foot Colorado home has no furnace, uses a few dollars' worth of electricity a month, and features an indoor tropical garden with banana trees and papaya plants. In conversation, he's quick to pull out his iPhone to show a car prototype inspired by the Hypercar, which is three to five times more efficient than conventional cars. He's the chief scientist and co-founder of nonprofit advisory firm Rocky Mountain Institute, which develops environmentally friendly solutions using business as a lever. Among the organizations it advises are Ford Motor, Wal-Mart, and the Pentagon.