TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

Tax breaks for solar, electric vehicles, energy storage thrown out by Congress

Discussion in 'Energy, Environment, and Policy' started by voyager, Dec 29, 2019.

  1. voyager

    voyager Member

    Joined:
    Apr 28, 2009
    Messages:
    910
    Location:
    Amsterdam, Netherlands
    #1 voyager, Dec 29, 2019
    In the massive federal spending package that Congress passed this week, just in time to head off a government shutdown, lawmakers showed they are in no hurry for the clean energy future. They strategically slashed most of the tax credit extenders that analysts saw as this Congress' best opportunity to accelerate renewable energy and cut U.S. greenhouse gas emissions. All that remained of the package at the end of months-long negotiation and debate were measures that will be politically useful to Republicans—most notably, biofuel subsidies.

    Clean Energy Loses Out in Congress’s Last-Minute Budget Deal
     
    • Informative x 4
  2. Evoforce

    Evoforce Active Member

    Joined:
    Apr 19, 2017
    Messages:
    1,476
    Location:
    Fountain Hills AZ
    #2 Evoforce, Dec 30, 2019
    Shameful...
     
    • Like x 2
  3. Watts_Up

    Watts_Up Active Member

    Joined:
    Mar 4, 2019
    Messages:
    2,986
    Location:
    In a galaxy far, far away
    #3 Watts_Up, Dec 30, 2019
  4. Big Dog

    Big Dog Active Member

    Joined:
    Mar 7, 2016
    Messages:
    1,476
    Location:
    Irvine, CA
    #4 Big Dog, Dec 30, 2019
    to be fair, technically, the tax breaks were just not extended. They original laws have always been in phase-out mode. The solar credit for example, drops to 26% in 2020 (from 30%).

    I get that many were hoping Congress would extend some breaks, but that was just wishful thinking; never had a chance.

    btw: missing from the article was one break that was extended, and that is the home charger credit, which was retroactively approved back to 2017. Those of us who installed a charger for new model 3's in 2018 can amend our returns to claim the credit.
     
    • Informative x 1
  5. ItsNotAboutTheMoney

    ItsNotAboutTheMoney Well-Known Member

    Joined:
    Jul 12, 2012
    Messages:
    10,104
    Location:
    Maine
    #5 ItsNotAboutTheMoney, Dec 30, 2019
    Democrats say they tried, but were foiled by the evil Republicans.
    Republicans says they stopped the evil Democrats from their socialist picking of winners and losers.
    Everyone's a winner.
     
    • Funny x 1
  6. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

    Joined:
    Oct 20, 2012
    Messages:
    6,049
    Location:
    Philadelphia, PA
    #6 TheTalkingMule, Dec 30, 2019
    I think you'll find centralized govt less and less an ally as renewables and EVs decentralize the power structure of energy. The Sun has no lobbyists.
     
    • Love x 1
(You must log in or sign up to post here.)

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

  • Meta

    Contact Us
    Advertise with Us
    Become a Vendor
    Terms of Service
    Privacy Policy
    DMCA Notice

  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC
Toggle Width
Style
TMC 2016