Wednesday, August 26, 2009

Gov't pushing for more clean energy manufacturers

Manufacturers that start the use of equipment that uses cleaner more environmental friendly equipment will receive a direct tax credit. This will eliminate them having to wait for a tax credit refund. Companies that will receive this benefit will have to produce equipment for eligible clean energy products such as wind, solar, geothermal, fuel cell, and energy conservation technologies. In this 2.3 billion recovering acts form, the gov't hopes to push more companies to using these clean energy products. I think this is a great way for more companies to go green. The fact that they will get a direct tax credit is a suitable condition for them to go green, especially in this economy. In the words of John Hanger, Department of Environmental Protection Secretary, ""This direct payment tax credit not only stimulates the economy, but will also support the continued growth of clean energy industry and keep Pennsylvania moving forward in its quest for energy independence." This information was taking from prnewswire.

more to come
#PRCA 3330

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