Following the failure of Sen. Reid's bill, Sen. John Kerry (D-MA) introduced the Clean Energy Technology Leadership Act of 2010, which will provide tax incentives for clean energy manufacturing, renewable energy and conservation. The bill proposes to 1) provide additional funding for the advanced energy manufacturing credit and uncap the credit for solar energy property, fuel-cell power plans, and advanced energy-storage systems, including batteries for advanced vehicles; 2) provide an additional $3.5 billion for clean renewable energy bonds; and 3) extend the research and development tax credit retroactively for 2010 and through 2012, and provide an additional 10 percent credit for qualified advanced energy research expenditures.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact email@example.comRegister
Sen. Kerry introduces clean energy technology legislation
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email firstname.lastname@example.org.
Related topic hubs
Keysight Technologies Inc
"The Newsfeeds are very relevant and topical. I gauge a firm’s expertise by the insight in their articles. In this respect, Lexology provides a buffet and I make the assessment. The quality of the newsfeeds is good and I like reading different firms' contributions on the same topic, as it provides an opportunity to compare their insights."