Three Republican members of the Colorado congressional delegation have proposed three bills to streamline and enhance domestic energy production. But critics of the so-called “Three Stooges” of energy bills say the proposed legislation moves away from long-term solutions in the name of a quick political opportunity to attack President Barack Obama’s administration and Democratic proposals in a tightly contested election year.
Showing posts with label oil shale. Show all posts
Showing posts with label oil shale. Show all posts
February 24, 2012
Utah: Bill seeks up to 75 percent tax credit for alternative energy
A Utah Senate committee approved a bill Friday that would specify state tax credits for alternative-energy producers and shift the program to the new Office of Energy Development.
SB65, sponsored by Sen. Stuart Adams, R-Layton, would award credits starting at 20 percent and going up to 75 percent for 20 to 30 years, depending on the duration of a project’s energy production. It would apply to everything from renewables to oil shale, tar sands and nuclear.
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