U.S. to Inject $5 Billion into Green Jobs
U.S. to Inject $5 Billion into Green Jobs 30% tax credits to investors in factories working with targeted technologies. The government on Dec. 17 said it plans to pour five billion dollars into fostering jobs growth in green technologies and clean energy.
Vice President Joe Biden announced White House support for the program, which requires congressional approval and is part of the $787 billion economic recovery plan President Barack Obama launched in February.
The plans would offer 30% tax credits to investors in factories working with targeted technologies in the wind energy and solar energy sectors, as well as batteries, according to the White House.
“We have to jump-start growth in green manufacturing — and part of that is encouraging companies to build the components of green technology right here on American soil,” Biden said.
“By combining the most talented workforce, the most entrepreneurial businesses, the best universities in the world with seed capital from government investment, we can once again produce cutting-edge technology that creates 21st century jobs here in America,” the vice president added.
Tags: American Business
June 26th, 2011 at 1:44 am
Most people want to be eco-friendly but for the most part at least currently sometimes going green technlogoy is not financially a good idea currently.I have looked at eco-friendlyand green technology alternatives like igo green charger and have adapted where it makes financial sense. So far I have also installed solar panels on my home but while looking for a electric car I find the cost doesnt justify it for me. While I am passionate about making green choices and opting for green technology whenever possible it is up to people like you and I to spread awareness and let the companies know there is a demand. Your website looks popular and I think you can help influence society with your insight and green technology tips. By the way I found your site by searching ” U.S. to Inject $5 Billion into Green Jobs | Kinetic Die Casting Blog ” and you were the first result. So I think your website is a perfect platform to discuss ideas that are thought provoking to help influence your readers to go green. – Good luck with your site, you deserve all the success! Please continue to talk about more eco-tips/green tech, every idea helps us get closer day by day!