The Treasury and Energy Departments plan to give $2.3 billion in tax credits from the Recovery Act to manufacturers of clean energy equipment.
“These tax credits will help create thousands of high-quality manufacturing jobs in some of the highest-growth segments of the economy,” said Energy Secretary Steven Chu in a statement. “This is an opportunity to develop our global leadership in clean energy manufacturing and build a secure, sustained base of jobs for America’s workers.”
The American Recovery and reinvestment Act created a new tax credit program by authorizing the Treasury to provide developers with an investment tax credit of 30
See full Article.
Posts
