Internal Revenue Service Gives Money Away
By Grit Staff
The picture flies in the face of popular opinion of a cold-hearted tax man, but the Internal Revenue Service has issued $406 million in Clean Renewable Energy Bonds – bonds that provide holders with a credit against their federal income tax.
In effect, the CREBs provide interest-free financing for certain renewable energy projects – 312 this year. The new allocations range from $15,000 to $30 million for 139 solar energy facilities, 102 wind power installations, 45 landfill gas facilities, 18 hydropower plants, five biomass power plants and three trash combustion facilities. Three of the biomass plants are “closed loop” facilities with dedicated sources of biomass crops.
All the projects will require other forms of financing as well as approval from authorities, so there is no guarantee that all the projects will be built. Most of the projects are located in California and Minnesota, with others in Alaska, Arizona, Colorado, Connecticut, Florida, Illinois, Iowa, Kentucky, Maine, Massachusetts, Michigan, Montana, Nebraska, Nevada, New Jersey, new York, North Dakota, Ohio, Pennsylvania, Rhode Island, South Carolina, Texas, Washington, West Virginia, Wisconsin and Wyoming.
For more information and a list of projects, visit the IRS Web site at www.IRS.gov/newsroom/article/0,,id=179016,00.html.
Suburban Self-Reliance is Possible
Self-reliance and community cooperation can be obtain without acres of farmland, but you will need to pick up suburban food-growing skills.
Prevent Frostbite During Farm Work
Farm work includes unique risks during winter. Staying warm and avoiding frostbite in cold-weather conditions can be accomplished with some simple steps.
Explore America’s Barn Quilts
Discover how you can explore the simple idea of barn quilts by planning your own quilt trail tour or learn how to make your own barn quilt!