Clean Energy Bill signed by President Bush
October 3, 2008
The newest economic stabilization bill includes clean energy tax incentives --
Consulting-Specifying Engineer, 10/8/2008 7:39:00 AM--
President Bush signed the $700 billion Emergency Economic Stabilization Act of 2008 (H.R. 1424) into law on Oct. 3, 2008, which also extended and enhanced critical tax credits and financing relating to renewable energy and energy efficiency.
The Energy Improvement and Extension Act of 2008, which was attached to H.R. 1424, provides a one-year extension of the production tax credit (PTC) for wind energy, keeping the credit in effect through 2009. The bill also provides a two-year PTC extension, through 2010, for electricity produced from geothermal, biomass, and solar energy facilities, as well as trash-to-energy facilities, small hydropower facilities using irrigation water, capacity additions to existing hydropower plants, and hydropower facilities added to existing dams.
June 22, 2016
Groups of high schoolers eagerly lined up Tuesday morning at Purdue University to test how well their handcrafted wind turbines would perform when stacked against the power of four fans. The kids were competing to create a turbine that would generate the most energy as a part of a challenge for the Duke Energy Academy at Purdue. The annual academy, now in its fifth year, brings in U.S. high school students to learn about renewable energy with hopes they'll be inspired to pursue careers in science, technology, engineering and mathematics fields and solve energy challenges. "We want these students to be the leaders of tomorrow," said Pankaj Sharma, managing director of the Purdue Energy Center and Global Sustainability Institute. The academy lasts throughout the week and is hosting 52 students and 27 teachers from mainly Indiana schools, though about 20 percent come from outside states, said Tolu Omotoso, a civil engineering graduate student and coordinator for the academy.Read Full Story