An Overview of Federal Tax Incentives for Green TechnologyBloomberg Law Reports: Sustainably Energy
By Michael Haun and Kevin Young
As the American economy continues its fragile recovery, "green technology" has been viewed by some as a sort of silver-bullet solutionone which could help us end our dependency on foreign oil, remain competitive in the high-tech arena, address the global climate crisis and create jobs for millions at home. To this end, policymakers have crafted tax and other financial incentives related to Green Technology. While such incentives are established at various levels of government, this article focuses on large-scale Federal incentives for renewable energy.