In the slide presentation on clean energy provisions in the federal 2015 consolidated tax and spending bill, slide 8 indicated that fuel cells receive a 10 percent credit in the investment tax credit, but the credit actually is 30 percent. The slide has been updated to reflect the change.
On Friday, Dec. 18, 2015, The Pew Charitable Trusts hosted a webinar to brief clean energy business leaders on the details of the Consolidated Tax and Spending Package, which was signed into law that same day (P.L. 114-113).
The webinar covered clean energy provisions in the bill, including funding for energy research, development, and deployment; a five-year extension of the tax incentives for wind and solar projects; and two-year extensions of other recently expired energy credits such as incentives for energy efficiency, alternative fuels, and advanced vehicles. It also addressed prospects for power-generating technologies that did not receive long-term extensions in the package, such as fuel cells, combined heat and power, small wind, microturbines, biomass, biogas, geothermal, municipal solid waste, hydropower, and marine and hydrokinetic energy. Speakers included Geoff Brown, a director of government relations at Pew, and Pat Bousliman, a consultant at Subject Matter, a government relations and public affairs firm.
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Listen to the Latest Updates on Federal Clean Energy Policy
To view slides on a subsequent webinar providing updates on clean energy tax credits and other federal policy issues, please visit this site.