“When life gives you lemons, make lemonade” – this could be the motto of countries around the world that are taking their residents’ garbage and turning it into useful energy. It’s a lesson that some states are heeding as well.
Norway, for example, has waste-to-energy plants that convert garbage into heat and electricity for residents to use, reports an article from The New York Times. The garbage includes waste from households, businesses, and even hazardous waste from hospitals, notes the article.
In addition to foreign countries, various states in the United States offer tax credits and incentives for producing energy from waste.
For instance, Minnesota has a methane digester loan program that offers loans to help businesses finance the purchase of necessary equipment and the construction of a system that utilizes manure to produce electricity.
In addition, Alabama has a biomass subsidy program that offers financial assistance to qualifying projects, including biomass fuel unloading, storage, and transport equipment. The fuel must be derived from landfill waste, logging, animal production, or manufacturing processes involving logging or agricultural products.
For more information about these tax credits, check out Bloomberg BNA’s Green Incentives Navigator.
In other developments . . .
California Governor Jerry Brown announced a budget plan proposal that would eliminate the state’s Enterprise Zone (EZ) tax credit program and replace it with more targeted tax incentives, according to a Bloomberg BNA Weekly State Tax Report article.
By: Kathleen Caggiano
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)