Latest Breaking News On - தேர்ந்தெடுக்கவும் வருவாய் நடவடிக்கைகள் - Page 1 : comparemela.com

Monday, February 22, 2021 New Green Act Could Extend and Create New Credits for Renewable Energy, Energy Storage, Carbon Capture, and Electric Vehicles  On 5 February, the House Ways and Means Subcommittee on Select Revenue Measures announced the reintroduction of the “Growing Renewable Energy Efficiency Now (GREEN)” Act. The bill was previously introduced in June 2020. If passed, the legislation would provide for a host of incentives across the renewable energy, energy storage, carbon capture, and electric vehicle industries. Some notable provisions include: Reinstatement of a 30 percent investment tax credit (ITC) through 2026, decreasing to 26 percent in 2027, 22 percent in 2028, and 10 percent for subsequent years. Extension of the 60 percent wind production tax credit (PTC) through 2026.

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