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Tag:

fiscal cliff

Fiscal Cliff Bill Extends Home Energy Efficiency Tax Credits for Businesses and Homeowners

written by Walter Wang

On January 1, 2013, the U.S. Congress passed last minute legislation known as the American Taxpayer Relief Act of 2012 to avoid automatic increases in income taxes for millions of Americans, as well as draconian cuts to the budget of the federal government, that many feared would plunge the nation’s economy back into recession. 

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January 7, 2013 1 comment
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U.S. Wind Tax Credit Extended in Fiscal Cliff Compromise

written by Yale Environment 360

The last-minute tax deal brokered by U.S. lawmakers to avert the so-called “fiscal cliff” included a one-year extension of the wind energy tax credit, a subsidy that industry officials say is critical for the growth of the wind energy sector.

The bill, which now awaits President Obama’s signature, preserves the 2.2-cents-per-kilowatt

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January 5, 2013 0 comment
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