Government
Jul. 10, 2009
Obama Officials Detail Grants For Large Clean Tech Projects
The U.S. Department of Treasury and the Department of Energy announced Thursday the details of a plan to funnel an estimated $3 billion in grants into helping large-scale renewable energy facilities get off the ground.
By Fiona Smith
Daily Journal Staff Writer The U.S. Treasury and Department of Energy announced Thursday details of a plan to funnel an estimated $3 billion in grants into helping large-scale renewable energy facilities get off the ground. The program provides cash grants equal to the value of tax credits the government has offered to encourage clean-energy investment. With the sour economy, the appeal of those credits has diminished as companies i...
Daily Journal Staff Writer The U.S. Treasury and Department of Energy announced Thursday details of a plan to funnel an estimated $3 billion in grants into helping large-scale renewable energy facilities get off the ground. The program provides cash grants equal to the value of tax credits the government has offered to encourage clean-energy investment. With the sour economy, the appeal of those credits has diminished as companies i...
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