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Industries gird for battle over Obama’s proposed tax overhaulJohn McArdle and Gabriel Nelson • E&E • Posted 2012-02-23 12:39:15
The Obama administration today proposed overhauling the corporate tax code and lowering the top corporate income tax rate from 35 percent to 28 percent as long as the effort is paid for by slashing tax credits and closing loopholes — including many of the oil and gas industry breaks that the White House has targeted in the past. The proposal — which would also set the top tax rate for domestic manufacturers at 25 percent and preserve tax credits for research and development and clean energy — would be the first major reform of the corporate tax code in decades. [ read more … ] Coalition promotes ‘homegrown wind’ for Pa. consumersDaniel Cusick, • E&E • Posted 2012-02-23 12:39:46
Pennsylvania, one of the nation’s premier coal states, is promoting wind energy under a new partnership that seeks to expand the state’s wind portfolio to as much as 6 percent of total generation over the coming years. The initiative, known as ChoosePAWind, launched yesterday with a website portal providing businesses and consumers with information about what companies and institutions are investing in wind power across the commonwealth, as well as how and where to purchase electricity generated by Pennsylvania turbines. [ read more … ] Note: News clips provided do not necessarily reflect the views of coalition or its member governors. |
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