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U.S. Fiscal Cliff Deal Gives Canadian Renewable Energy a Tax Credit Reprise

2013-01-07 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Some Canadian renewable energy companies with activities in the United States will be among those benefiting from U.S. "fiscal cliff"¯ legislation that extended crucial tax credits for wind energy and biodiesel production. As well as staving off immediate tax hikes on Americans, the law passed last week by U.S. legislators included a provision to extend for one more year a series of renewable energy tax breaks that were to expire at the end of 2012. The most important of these is a subsidy...

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