President Donald Trump has disputed climate change, pledged a revival of coal and disparaged wind power, and his nominee to head the Energy Department was once highly skeptical of the agency's value. What this means for states' efforts to promote renewable energy is an open question.
Library filed under Taxes & Subsidies from Hawaii
Xtreme Power Inc., the Texas-based battery storage system maker that has most of its projects in Hawaii — including a 15-megawatt system that went up in flames at the Kahuku Wind Farm on Oahu — said that it has filed for Chapter 11 bankruptcy protection while it continues to look for a buyer to purchase its operation.
Representatives in the House committee on the environment voted today to gradually decrease the solar energy tax credit to 15 percent by 2018. ...The credit is currently 35 percent of the cost of each solar energy system. Gov. Neil Abercrombie says the current credit is fiscally unsustainable.
Abercrombie, however, denounced the Sierra Club. "The Sierra Club is saying that they want to protect people who cheat. ...people are cheating and gaming the system and preventing other people from taking advantage of what is legitimately there to be done.
According to Tax Division administrator Scott Teruya, the list doesn't change often. But it did last week, and an anonymous resident called The Maui News to wonder if Kaheawa Wind Power LLC, which held the top spot, was "out of money." No, but the company didn't know it was behind on its taxes until a reporter called.
Hawaii Gov. Linda Lingle has signed into law a bill that raises the income tax credits for using renewable energy.