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Fossil Fuels And Alternative Energy Sources Section


 


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Understanding Alternative Energy Incentives

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The energy crisis being experienced across the United States in regard to outrageously high gas and heating oil prices has led many people to look to alternative energy as a solution to their energy needs. There has also been a lot of concern over how using fossil fuels effects the planet in a negative way through pollution, greenhouse gases and carbon emissions. Many people want to do their part to help conserve energy and reduce the stress on the planet but don’t know how to go about it. Having relied solely on fossil fuels and traditional energy methods it can be daunting and unnerving to consider switching over to alternative sources of energy. The state and federal authorities have realized that the hesitation felt by many also may be as a result of the expense of getting started using alternative energy sources. A full home solar photovoltaic panel system will cost around $20,000. And while this system will eventually pay for itself in electricity savings, most people simply do not have the financial capacity to shell out that kind of money for such an endeavor. Fortunately there are alternative energy incentives offered by state and federal government agencies to encourage people to go green and utilize alternative energy resources. Alternative energy incentives for homeowners who install alternative energy products range from income tax incentives to property tax exemptions.

In 2005 The Energy Policy Act provided alternative energy incentives in the way of federal tax credits for anyone who purchased alternative energy products such as hybrid cars, wind turbines, and solar panels. In many towns across the country, such as Nashua New Hampshire, partial exemptions are given for property taxes when solar panels or wind energy systems are installed, offering up to $5000 exemptions for solar power. Contractors that install alternative energy devices and systems generally have a good idea as to which alternative energy incentives are available and what the alternative energy incentives may amount to in terms of dollars saved. Another way to find out what alternative energy incentives is to visit the National Association of State Energy Officials website for more information. Individual states local utility companies also are a good resource for discovering what alternative energy incentives are available. The high energy prices and concerns over foreign fuel sources recently prompt4ed South Carolina to pass alternative energy incentives that provides assistance to individuals and companies who wish to install alternative energy systems. State and Federal elected officials appear to be pushing for more and more alternative energy incentives to be put into place in direct correlation to the concern over the cost of fossil fuels and their desire to meet the needs of their constituents.



 

Fossil Fuels And Alternative Energy Sources News

Senate panel limits Pentagon investment in alternative energy sources - Washington Post


KGMI

Senate panel limits Pentagon investment in alternative energy sources
Washington Post
That version of the defense bill would bar the military from buying alternative fuels if the cost exceeds traditional fossil fuels. The bill also exempts the Pentagon from some requirements under the Energy Independence and Security Act of 2007, ...
Senate Armed Services Committee Reins In Pentagon On Alternative Fuel SpendingHuffington Post

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Fossil Fuels vs. Renewable Energy: Bill McKibben Speaks Out Before the Rio ... - Living Green Magazine


Fossil Fuels vs. Renewable Energy: Bill McKibben Speaks Out Before the Rio ...
Living Green Magazine
You are here: Home » Climate Change » Fossil Fuels vs. Renewable Energy: Bill McKibben Speaks Out Before the Rio 'Earth Summit' In just a few weeks, world leaders are converging on Rio for a landmark “Earth Summit” to talk about sustainability issues ...
TAKE ACTION to help end government subsidies for dirty energyThe Ecologist

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Fossil fuel dependence leaves America vulnerable - U-T San Diego


Fossil fuel dependence leaves America vulnerable
U-T San Diego
For more than two decades of my 36 years as a US Marine, I have seen firsthand the dangerous link that connects fossil fuels, especially oil, and our national security. Our presence in the Middle East accelerated the rise of al-Qaeda and other forms of ...

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Report: Solar energy to beat out fossil-fuels by 2017 - Hydrogen Fuel News


Hydrogen Fuel News

Report: Solar energy to beat out fossil-fuels by 2017
Hydrogen Fuel News
This cost is falling so quickly that by 2017 solar energy is expected to be more affordable than fossil-fuels. This would make solar energy the most affordable form of power, supplying strong competition for other forms of alternative energy and ...

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Three-quarters of Japanese firms oppose nuclear power - Reuters


Globe and Mail

Three-quarters of Japanese firms oppose nuclear power
Reuters
By Tetsushi Kajimoto and Izumi Nakagawa | TOKYO (Reuters) - Nearly three-quarters of Japanese companies support abandoning nuclear power after last year's Fukushima disaster, although a majority set the condition that alternative energy resources must ...
Japan eyeing 15% nuclear in energy mix: ministerAFP
Japan hopes resting on nuclearThe Australian
Nuclear is not the only optionThe Guardian

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