AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Platts says tax credit lapse threatens state's goals.(Current Happenings And Events)

Energy User News

| November 01, 2004 | COPYRIGHT 2004 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BOULDER, CO -- State-level renewable portfolio standard (RPS) goals are in jeopardy due to the lapse of the 10-year 1.8 cents/kWh federal production tax credit (PTC), according to a study dated August 23rd from Platts. The PTC was available to owners of wind, closed-loop biomass, and animal waste projects, but expired at the end of 2003. Several variants of the PTC have been proposed in Congress, and an expanded version of the credit passed the Senate in May.

The report "Does the PTC Work?" found that the PTC is unlikely to yield a significant direct market impact as a standalone policy because renewable energy market growth has historically been driven by state-level policies. However, study author Brandon Owens notes that the ...

Related articles from newspapers, magazines, journals, and more
IRS Notice 2009-52 -- Procedure for Electing ITC in Lieu of PTC.(Investment tax...
News wire article from: Mondaq Business Briefing Davis, Jeffrey June 18, 2009 700+ words
...Investment tax credit, production tax credit, IRS Notice 2009-52, renewable...electing to claim the investment tax credit (ITC) under Section 48 in lieu of the production tax credit (PTC) under Section 45 with respect...
PTC Extension Contained in Proposed House Corporate Tax Legislation.
Newspaper article from: Advanced Materials & Composites News June 7, 2004 700+ words
...the U.S. for lack of tax credit legislation, now in...wind energy production tax credit (PTC). The bill also would...would NOT extend the PTC to other technologies...small turbine investment tax credit contained in the Senate...
Energy Politics And Economic Effects Of The PTC.
News wire article from: Mondaq Business Briefing November 15, 2007 700+ words
Although the PTC has expired three times, Republican...commitment to renewables by extending the PTC while in power. As global climate change...energy projects is the federal production tax credit (PTC). PTC for wind energy The federal PTC...
Wind power project contingent on PTC renewal.(Current)
Magazine article from: Natural Gas Week Udoff, David July 5, 2004 700+ words
...energy production tax credit (PTC). The 1.5 cents...extension of the tax credit had been included...facility without the PTC versus having the...a hurry once the tax credit was reinstated...optimistic about the PTC being reinstated...
Bill Containing Stopgap PTC Stalls in Senate; IRS Keeps PTC Level at 1.8 Cents...
Newspaper article from: Advanced Materials & Composites News March 15, 2004 700+ words
...extension of the wind energy production tax credit (PTC - through 12/31/04) became bogged...is that a key avenue for gaining a PTC extension this year-outside of...offer an amendment to extend the PTC for a full three years (through...
3-Year PTC Advancing as Part of Senate Corporate Tax Bill.
Newspaper article from: Advanced Materials & Composites News April 5, 2004 700+ words
...2004 - A full 3-year Production Tax Credit (PTC) extension (through 12/31/06...creates a realistic opening for the PTC to be in effect again, possibly...to vote on the bill containing the PTC shortly after Congress returns on...
Interim 1-Year Wind Energy PTC Extension Added to U.S. Senate Bill.
Newspaper article from: Advanced Materials & Composites News March 1, 2004 700+ words
...2004 - The Production Tax Credit (PTC) to support wind energy...A full three-year PTC extension (through December...March or early April. The PTC provides a 1.8 cent per kilowatt-hour tax credit (adjusted for inflation...
3-Year Extension of PTC included in Senate Tax Bill to Support Wind Energy.
Newspaper article from: Advanced Materials & Composites News May 3, 2004 700+ words
...full 3-year wind energy production tax credit (PTC) extension (through 12/31/06...what emerges from the Senate. The PTC language as contained in the energy...Bill calls for: - Extending the PTC through December 31, 2006 (a 3...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA