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Monthly Archives: March 2010
Colorado Raises its Renewable Portfolio Standard
Colorado Governor Bill Ritter this week signed into law an increase in that state’s renewable portfolio standard (RPS). Colorado’s HB 10-1001 requires Colorado to produce at least 30% of its electricty from renewable sources by the year 2020. The state’s … Continue reading
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Alternative Fuels Industry Still Waiting for Tax Extenders Reconciliation
After the House and Senate passed bills including an extension of the alternative fuel mixture and biodiesel tax credit program, alternative fuel producers assumed that Congress would act quickly to put the legislation into a form that could be signed … Continue reading
Posted in government, Uncategorized
Tagged alternative fuels, Biofuels, excise tax credits
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New Legislation for Offshore Wind Tax Credits
Two bills have recently been introduced in the Senate that would expand or extend tax credit programs for offshore wind projects. Senate Bill 3062 sponsored by Sen. Tom Carper (D-Del) would extend existing tax credits for offshore wind projects until … Continue reading
Alternative Fuel Producers Push for 30% Investment Tax Credit
Blue Fire Ethanol and a consortium of 31 other alternative fuel producers have sent a letter to Congress asking for a 30% investment tax credit for biofuels. While alternative fuel producers were encouraged by last week’s passage of extenders legislation … Continue reading
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Alternative Fuels Tax Credit Extended
The U.S. Senate yesterday voted by a margin of 82-36 to pass the American Workers, State and Business Relief Act, which included H.R. 4213. That bill includes a one year extension of the biodiesel excise tax credit and the alternative … Continue reading
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Tagged alternative fuels, Biofuels, excise tax credits, tax credits
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Senate Expected to Vote of Biodiesel and Alternative Fuel Tax Credit Extensions This Week
On Friday, March 5, 2010, Senate Majority Leader Harry Reid (D. NV) filed a motion for cloture on H.R. 4213, the House tax extenders bill, which includes an extension of the biodiesel tax credit and alternative fuel mixture tax credit … Continue reading
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Tagged alternative fuels, biodiesel, Biofuels, excise tax credits, tax credits
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