New York City Department of Transportation Commissioner Janette Sadik-Khan and New York City Bike Share have released a statistical report card of Citi Bike’s first month of operation, with riders taking more than a half-million trips since the bike share system launched.
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
With subsidy support for corn ethanol under attack, algae and cellulosic look to secure federal support. The result: a subsidy battle in the Capital that could dictate the direction of the U.S. biofuel industry over the next decade.
Has the transition to advanced biofuels turned the corner?
Probably not yet, but sustainable alternatives are beginning to get their day in the sun in Washington D.C. The result: a subsidy brawl is taking shape that will likely dictate the direction of U.S. biofuels development over the next 5-10 years.
There are a few moving elements, but here are the recent highlights:
I don’t know if it is Obama or Al Gore but the US government is starting to understand the need for sustainability. The American Recovery and Reinvestment Act of 2009 was signed into law by President Obama in February to stimulate the sagging US economy. By injecting $690 billion to improve infrastructure the authors hoped to create millions of jobs pulling the US out of the worst recession since the Great Depression. Interspersed within this $690 billion is $60 billion for green projects of which $45 billion is going specifically towards energy related programs. Within this $45 billion most will go directly towards the green building industry with some additional monies going towards large scale renewable energy production.