January 10, 2010

Obama Tax Credit Clean Energy


President Obama this week announced a tax credit for clean energy that amounts to $2.3 billion, and is expected to create 17,000 new jobs for Americans who still face double digit unemployment rates as we continue to work our way back from the recession.

Obama was quoted as saying ""Building a robust clean energy sector is how we will create the jobs of the future, jobs that pay well and can't be outsourced." Companies that stand to benefit from this clean energy tax credit include Itron Inc, PPG Industries, and TPI Composites, Inc, in Scottsdale, Arizona.

Obama Tax Credit Clean Energy
reuters

U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country's unemployment rate remained stuck in the double digits. Obama said the credit, from funds earmarked under a $787 billion stimulus package he signed last February, would create 17,000 U.S. jobs and be matched by an additional $5 billion in private capital...

Obama Tax Credit Clean Energy

Posted at January 10, 2010 5:29 AM