Pure Power Distribution » grants in lieu of tax credits http://www.purepowerd.com All about Mobile Solar Power Systems Fri, 30 Jul 2010 00:36:30 +0000 en hourly 1 http://wordpress.org/?v=3.0 Treasury Announces Guidance on Grants-in-Lieu of Tax Credits under ARRA http://www.purepowerd.com/blog/2009/07/treasury-announces-guidance-on-grants-in-lieu-of-tax-credits-under-arra/ http://www.purepowerd.com/blog/2009/07/treasury-announces-guidance-on-grants-in-lieu-of-tax-credits-under-arra/#comments Fri, 10 Jul 2009 23:06:21 +0000 Christopher http://www.purepowerd.com/?p=554 The US Treasury has announced guidance for the program of grant payments for specified energy property in lieu of tax credits under Section 1603 of the American Recovery and Reinvestment Act of 2009 (“ARRA”). The Section 1603 program will provide direct payments in lieu of investment tax credits to companies that create and place in service renewable energy facilities beginning January 1, 2009. The guidance sets the rules under which companies can apply for the ARRA grants for qualifying renewable energy properties.

]]> http://www.purepowerd.com/blog/2009/07/treasury-announces-guidance-on-grants-in-lieu-of-tax-credits-under-arra/feed/ 0 Does your EV substitute one form of air pollution for another? http://www.purepowerd.com/blog/2009/06/does-your-ev-substitute-one-form-of-air-pollution-for-another/ http://www.purepowerd.com/blog/2009/06/does-your-ev-substitute-one-form-of-air-pollution-for-another/#comments Sat, 27 Jun 2009 16:59:51 +0000 Christopher http://www.purepowerd.com/?p=400 This spring, the Obama Administration  directed $2.4 billion toward energy efficiency in automobiles, and specifically to aid the development of plug-in cars and the infrastructure required to keep them charged, including:

  • $1.5 billion for U.S.-based manufacturers to produce batteries and components
  • $500 million to help produce other electric vehicle (EV) components such as electric motors
  • $400 million to demonstrate and evaluate plug-in hybrids and other electric infrastructure concepts which could include charging stations, electric rail and training for technicians to build and repair EVs

In terms of air pollution, electric cars are a brilliant alternative to diesel or gas motors. Which highlights the issue on any truly sustainable EV owner’s mind is: FUEL.

It may be very cool to drive an EV, but if your power source is electricity from coal-fired power plants, then you’re substituting one source of air pollution for another when you drive.

The sensible thing to consider is the greener alternative: SOLAR.

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