#Solar energy tax incentives

[solarkart]

Solar panel savings for companies

Solar panel savings for companies

Harnessing Solar Energy: A Game-Changer for Businesses

In today's fast-paced world, businesses are constantly seeking ways to enhance their profitability, reduce operating costs, and build a reputation for corporate responsibility. One solution that addresses all these goals is solar energy. By transitioning to solar power, businesses can unlock a multitude of benefits that go beyond just reducing their electricity bills. Here's why more and more companies are making the switch to solar energy. Commercial solar installation

1.Significant Cost Savings

The most immediate and obvious benefit of solar energy for businesses is the reduction in energy costs. Traditional electricity prices are volatile and often on the rise. Solar energy benefits for businesses By installing solar panels, companies can generate their own electricity, significantly lowering their reliance on the grid and stabilizing energy costs. In many cases, the savings on electricity bills can be substantial, allowing businesses to recoup their initial investment in just a few years.

2. Return on Investment (ROI)

While the upfront costs of installing solar panels can be high, the long-term financial benefits are undeniable. Solar energy systems typically come with warranties of 25 years or more, and once the system is paid off, the electricity it generates is virtually free. Business solar power solutions additionally, many governments offer tax credits, rebates, and other incentives to businesses that invest in renewable energy, further enhancing the ROI.

3. Environmental Impact and Corporate Social Responsibility

Consumers are increasingly concerned about the environmental impact of the businesses they support. By adopting solar energy, companies can significantly reduce their carbon footprint, demonstrating a commitment to sustainability. Corporate renewable energy This not only helps the environment but also strengthens a company's brand image. Customers and clients are more likely to engage with businesses that prioritize eco-friendly practices, giving companies a competitive edge in the market. Solar panel savings for companies

4. Energy Independence and Reliability

Relying on traditional energy sources can leave businesses vulnerable to price hikes, supply shortages, and power outages. Solar energy provides a level of energy independence that can protect businesses from these risks. With solar power, companies can generate a portion, if not all, of their electricity needs on-site, ensuring a more reliable energy supply. Some businesses also choose to pair solar panels with battery storage systems, allowing them to store excess energy for use during peak hours or outages.

5. Increased Property Value

Commercial properties equipped with solar energy systems often see an increase in property value. Potential buyers or tenants recognize the long-term cost savings and environmental benefits of solar energy, making such properties more attractive. Green energy for businesses This can be a significant advantage for businesses that own their premises, providing an additional financial incentive to go solar. Green energy for businesses

6. Job Creation and Economic Growth

Investing in solar energy can also contribute to the broader economy. Commercial solar panel benefits The solar industry is a major job creator, with opportunities ranging from manufacturing to installation to maintenance. By supporting the growth of this industry, businesses help foster economic development while contributing to a more sustainable energy future. Solar energy tax incentives

7. Compliance with Regulatory Standards

As governments worldwide ramp up efforts to combat climate change, regulations surrounding energy use and emissions are becoming stricter. Businesses that proactively adopt solar energy are better positioned to comply with current and future regulations, avoiding potential fines or penalties. Solar power ROI for businesses Moreover, businesses that exceed regulatory requirements may be eligible for additional incentives or recognition.

8. Long-Term Sustainability

Finally, solar energy is a renewable resource, meaning it will never run out. Sustainable business practices As fossil fuels become scarcer and more expensive, businesses that rely on solar power will be better prepared for the future. This long-term sustainability ensures that companies can continue to operate efficiently and profitably, regardless of the challenges posed by energy markets.

Conclusion

The shift to solar energy is not just a trend—it's a strategic decision that offers numerous benefits for businesses. From significant cost savings and a strong ROI to environmental responsibility and enhanced brand reputation, the advantages of going solar are clear. As the world moves towards a more sustainable future, businesses that invest in solar energy today will be the ones leading the way tomorrow.

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[jupitersolar]

Solar Water Heater Incentives: Save Money While Saving the Planet

Unlocking Solar Water Heater Incentives: Save Money While Saving the Planet

Solar water heater incentives are revolutionizing how households and businesses think about energy consumption. With rising energy costs and increasing environmental awareness, transitioning to solar-powered systems has become more attractive than ever. This comprehensive guide explores various incentives available, their benefits, and how you can leverage them to reduce costs and environmental impact.

Why Solar Water Heater Incentives Matter

Switching to solar water heaters offers significant benefits, but the initial investment can be steep. Incentives make it more affordable by reducing upfront costs and improving long-term returns. Governments and private organisations are pushing these initiatives to encourage sustainable energy adoption, driving a greener future.

Benefits of Solar Water Heater Incentives

Cost Reduction: Incentives lower the high initial costs of solar water heater installation.

Energy Savings: Decreased reliance on electricity reduces monthly utility bills.

Environmental Impact: Reducing fossil fuel dependence cuts greenhouse gas emissions.

Tax Credits and Rebates: Enjoy financial rewards through government programs.

Types of Solar Water Heater Incentives

Solar water heater incentives vary across regions and sectors, targeting homeowners, businesses, and even non-profit organisations. Let’s dive into the most common types:

Solar Water Heater Incentives

1. Federal Tax Credits

Federal governments often provide tax credits for installing solar water heating systems. In the U.S., for example, the Investment Tax Credit (ITC) allows homeowners to deduct a percentage of the system cost from their taxes.

Key Feature: Covers up to 30% of installation costs.

Eligibility: System must meet specific efficiency standards.

2. State-Level Rebates

Many states offer rebates as an additional incentive. These rebates can significantly reduce installation costs and vary depending on the region.

Example: California’s Solar Thermal Rebate Program.

Tip: Check local energy department websites for details.

3. Utility Company Incentives

Several utility companies offer rebates or special rates for customers adopting solar water heating systems.

Example: Discounts on equipment or installation services.

Pro Tip: Contact your utility provider to explore options.

4. Grants for Non-Profits and Businesses

Non-profit organisations and commercial entities can benefit from grants aimed at promoting renewable energy adoption.

Noteworthy Program: U.K.’s Renewable Heat Incentive (RHI).

How to Apply: Submit a detailed proposal outlining energy savings.

5. Financing Options

Low-interest loans and leasing options make solar water heating systems more accessible. Some governments collaborate with financial institutions to provide these facilities.

Eligibility Criteria for Solar Water Heater Incentives

Understanding eligibility is crucial to maximising benefits. Here’s what you need to know:

Energy Efficiency Standards: Systems must meet local energy efficiency guidelines.

New Installations Only: Most programs do not cover retrofits.

Residential vs. Commercial: Separate incentives exist for each category.

Application Deadlines: Ensure timely submissions to avoid missing out.

Step-by-Step Guide to Claiming Incentives

Navigating the process of claiming solar water heater incentives can be daunting. Follow these steps for a hassle-free experience:

Step 1: Research Incentives in Your Area

Use online tools or consult local authorities to identify available programs.

Tip: Websites like DSIRE provide a comprehensive database of U.S. incentives.

Step 2: Choose the Right System

Ensure your chosen solar water heating system meets eligibility criteria for efficiency and quality standards.

Step 3: Hire Certified Installers

Work with licensed professionals to avoid disqualification from incentive programs.

Tip: Ask your installer about relevant certifications.

Step 4: Submit Your Application

Complete necessary paperwork and submit supporting documents, such as proof of purchase and installation.

Step 5: Monitor Approval and Reimbursement

Track your application status and follow up as needed. Reimbursements typically arrive within a few months.

Call : +91 9364896193,      +91 9364896194 Jupiter solar to buy solar water heater

Top Programs Offering Solar Water Heater Incentives

1. Residential Renewable Energy Tax Credit (U.S.)

Covers 30% of installation costs.

Available for both primary and secondary residences.

2. Canada’s Greener Homes Initiative

Provides grants up to CAD 5,000.

Supports energy-efficient home upgrades.

3. Australia’s Small-Scale Technology Certificates (STCs)

Encourages renewable energy adoption.

Reduces upfront costs by offering tradable certificates.

4. European Union Renewable Energy Grants

Wide-ranging incentives under EU Green Deal.

Focused on reducing carbon footprints.

Common Misconceptions About Solar Water Heater Incentives

1. Too Complex to Apply

Many believe the process is overly complicated. In reality, most programs offer clear guidelines and support.

2. Limited Availability

Contrary to popular belief, incentives are widely available, covering diverse regions and sectors.

3. Only for Large Systems

Incentives cater to systems of all sizes, from residential to industrial setups.

Maximising Your Savings

To get the most out of solar water heater incentives, consider the following:

Bundle with Other Programs: Combine federal, state, and utility incentives.

Perform Regular Maintenance: Ensure your system operates efficiently to maximise savings.

Educate Yourself: Stay updated on new programs and eligibility changes.

Solar Water Heater Incentives

1. What is the average cost of a solar water heating system?

The cost typically ranges from $3,000 to $7,000, depending on system size and complexity.

2. How much can I save with incentives?

Savings vary but can cover 20-50% of total installation costs.

3. Are solar water heaters eligible for net metering?

No, net metering generally applies to solar photovoltaic systems, not solar water heating systems.

4. Can I apply for multiple incentives?

Yes, you can combine federal, state, and local incentives to maximise benefits.

Conclusion: Your Path to a Sustainable Future

Solar water heater incentives are a game-changer for anyone looking to adopt renewable energy. By reducing costs and offering financial rewards, these programs make sustainability more achievable for households and businesses alike. Take advantage of these opportunities to save money while contributing to a greener planet.

Ready to make the switch?

[ifindtaxpro]

🌞💨 Tax breaks are the driving force behind the shift to renewable energy sources like solar and wind power. Discover how these incentives are reshaping our energy landscape for a more sustainable future. #RenewableEnergy #TaxIncentives #GreenTech

[reasonsforhope]

"Cody Two Bears, a member of the Sioux tribe in North Dakota, founded Indigenized Energy, a native-led energy company with a unique mission — installing solar farms for tribal nations in the United States.

This initiative arises from the historical reliance of Native Americans on the U.S. government for power, a paradigm that is gradually shifting.

The spark for Two Bears' vision ignited during the Standing Rock protests in 2016, where he witnessed the arrest of a fellow protester during efforts to prevent the construction of the Dakota Access Pipeline on sacred tribal land.

Disturbed by the status quo, Two Bears decided to channel his activism into action and create tangible change.

His company, Indigenized Energy, addresses a critical issue faced by many reservations: poverty and lack of access to basic power.

Reservations are among the poorest communities in the country, and in some, like the Navajo Nation, many homes lack electricity.

Even in regions where the land has been exploited for coal and uranium, residents face obstacles to accessing power.

Renewable energy, specifically solar power, is a beacon of hope for tribes seeking to overcome these challenges.

Not only does it present an environmentally sustainable option, but it has become the most cost-effective form of energy globally, thanks in part to incentives like the Inflation Reduction Act of 2022.

Tribal nations can receive tax subsidies of up to 30% for solar and wind farms, along with grants for electrification, climate resiliency, and energy generation.

And Indigenized Energy is not focused solely on installing solar farms — it also emphasizes community empowerment through education and skill development.

In collaboration with organizations like Red Cloud Renewable, efforts are underway to train Indigenous tribal members for jobs in the renewable energy sector.

The program provides free training to individuals, with a focus on solar installation skills.

Graduates, ranging from late teens to late 50s, receive pre-apprenticeship certification, and the organization is planning to launch additional programs to support graduates with career services such as resume building and interview coaching...

The adoption of solar power by Native communities signifies progress toward sustainable development, cultural preservation, and economic self-determination, contributing to a more equitable and environmentally conscious future.

These initiatives are part of a broader movement toward "energy sovereignty," wherein tribes strive to have control over their own power sources.

This movement represents not only an economic opportunity and a source of jobs for these communities but also a means of reclaiming control over their land and resources, signifying a departure from historical exploitation and an embrace of sustainable practices deeply rooted in Indigenous cultures."

-via Good Good Good, December 10, 2023

[dipnots]

The Power of Renewables: How Sustainable Energy is Shaping Our Future

Renewable energy is a term that refers to any type of energy that is generated from natural, renewable resources such as wind, solar, hydro, geothermal, and biomass. Renewable energy is becoming increasingly popular due to its many benefits, including reducing carbon emissions, improving air quality, and increasing energy security. In this blog post, we will explore renewable energy in more…

[rjzimmerman]

A Key Part of Biden’s Climate Law Was Built to Survive Trump. Now, the Test. (New York Times)

Excerpt from this New York Times story:

One of the most powerful parts of President Biden’s signature climate law was designed to attract support from such a wide array of industries that it would be hard for Congress to repeal.

Now, that theory is about to be tested.

This month, the federal government will begin offering lucrative tax credits to companies that build wind, solar, nuclear, geothermal or other new sources of electricity that don’t generate any of the greenhouse gases that are rapidly heating the planet.

While tax breaks for companies that build wind farms and solar panels have existed for years, these new credits can apply to a much wider set of technologies, including nuclear reactors, advanced geothermal plants, fusion plants, hydroelectric dams, novel types of batteries and much more. The so-called “technology neutral” clean electricity tax credits, which Congress passed as part of the 2022 Inflation Reduction Act, are projected to do more than any other policy in the coming years to reduce America’s greenhouse gas emissions.

“These policies are nothing short of an energy moon shot,” said Wally Adeyemo, deputy secretary of the Treasury Department, which on Tuesday issued guidance for how companies can qualify for the credits.

But for the tax incentives to have an effect, they would have to survive the new Congress. The credits could cost more than $250 billion over the next decade, making them a prime target of Republicans who hope to eliminate much of Mr. Biden’s climate law in order to pay for tax cuts that President-elect Donald J. Trump has promised.

On Tuesday Mr. Trump railed against subsidies for clean energy and said “no windmills” would be built during his next administration. The president-elect has expressed particular hostility toward wind turbines, falsely claiming they are “driving the whales crazy,” “kill all the birds” and cause cancer.

“They’re littered all over our country like dropping paper, like dropping garbage in a field,” Mr. Trump said at a news conference. “They only work if you get subsidy.”

Supporters of the clean electricity credits are hoping that the policy’s novel design will expand its political support. Nuclear power and geothermal energy, for instance, are popular among many Republicans who might otherwise seek to cut subsidies for wind and solar.

The way the law is written, no one technology can be cut off from the tax credits. They all sink or swim together.

[notwiselybuttoowell]

The election of Donald Trump as president for a second time and the Republican takeback of the U.S. Senate could undo many of the national climate policies that are most reducing planet-warming greenhouse gas emissions, according to climate solutions experts. When they list measures that are making the most difference, it lines up with policies Trump has said he’ll target. These rollbacks will come as more lives are being lost in heat waves, record amounts of climate pollution are accumulating in the atmosphere, the United States has been hit with what may be two of its most expensive hurricanes, and nations, which will meet in Baku, Azerbaijan next week for climate negotiations, have failed to take strong action to change these realities. [at time of posting COP29 has begun] Here are some of the measures.

The Inflation Reduction Act, the nation’s landmark climate law This law is significant because it is expected to reduce U.S. emissions by about 40% by 2030, if it unfolds as planned in the coming years. It funnels money to measures that substitute clean energy for dirty. One major way it does so is by giving credits to businesses people who build new solar and wind farms. But it’s not limited to that. It encourages developers of geothermal energy and businesses that separate the carbon dioxide from their smokestacks and bury it underground. It incentivizes the next generation of nuclear power. It gives a $7,500 tax credit to people who buy electric cars. People who buy their cars used can get a credit too, as long as they don’t earn too much to qualify. Trump, by contrast, has summed up his energy policy as “drill, baby, drill” and pledged to dismantle what he calls Democrats’ “green new scam” in favor of boosting production of fossil fuels such as oil, natural gas and coal, the main causes of climate change. He vows to end subsidies for wind power that were included in the landmark 2022 climate law. If Trump does target the climate law, there are provisions that are likely safe. One is a credit for companies in advanced manufacturing, because it is perceived as “America first and pro-U.S. business,” said David Shepheard, partner and energy expert at the global consultant Baringa. Incentives for electric vehicles are likely most at risk, he added. In a call Wednesday morning, Scott Segal, head of a communications group at the law firm Bracewell LLP, which represents the energy industry, said the climate law is not likely to be repealed. Dan Jasper, a senior policy advisor at Project Drawdown, said repealing parts of the climate law could backfire because most of the investments and jobs are in Republican congressional districts.

Pollution from electric power plants The main U.S. rule aimed at reducing the climate change that comes from making electricity at power plants that burn coal is also considered vulnerable. This rule from the Environmental Protection Agency, announced in April, would force many coal-fired plants to capture 90% of their carbon emissions or shut down within eight years, Shepheard said. It was projected to reduce roughly 1.38 billion metric tons of carbon dioxide through 2047, along with tens of thousands of tons of other harmful air pollutants. Industry groups and Republican-controlled states have filed legal challenges to a host of EPA rules including this one and Trump’s victory means the Justice Department is unlikely to defend it. Under a Trump presidency, it is unlikely to survive, Shepheard said. The United States has been reducing carbon dioxide emissions primarily by replacing coal-fired power plants with clean, renewable power, said Stanford University climate scientist Rob Jackson, who chairs the Global Carbon Project, a group of scientists that tracks countries’ carbon dioxide emissions. “I hope that we don’t lose sight of the benefits of clean energy,” he said. “It’s not just about the climate. It’s about our lives and our health.”

Limiting leaks from damaging methane, or natural gas The Biden administration was under pressure to reduce one of the main pollutants contributing to drought, heat waves, flooding and stronger hurricanes — methane or natural gas. It leaks out of oil and gas equipment, sometimes deliberately when companies consider it too expensive to transport. The Biden administration issued the first national rules on this. Industry groups and Republican-leaning states have challenged the rule in court. They say the Environmental Protection Agency overstepped its authority and set unattainable standards. The EPA said the rules are squarely within its legal responsibilities and would protect the public.

Fuel-efficient vehicles The Environmental Protection Agency has issued its strongest rules on tailpipe emissions from cars and trucks under the Biden administration. While it is unclear who will head the EPA under Trump, the agency is considered likely to begin a lengthy process to repeal and replace a host of standards including the one on tailpipe emissions, which Trump falsely calls an electric vehicle “mandate.″ Trump rolled back more than 100 environmental laws as president and that number is likely to grow in a second term. Trump has said EV manufacturing will destroy jobs in the auto industry and has falsely claimed that battery-powered cars don’t work in cold weather and aren’t able to travel long distances. Trump softened his rhetoric in recent months after Tesla CEO Elon Musk endorsed him and campaigned heavily for his election. Even so, industry officials expect Trump to try to slow a shift to electric cars.

Drilling in Alaska refuge Trump is almost certain to reinstate oil drilling in Alaska’s Arctic National Wildlife Refuge, continuing a partisan battle that has persisted for decades. Biden and other Democratic presidents have blocked drilling in the sprawling refuge, which is home to polar bears, caribou and other wildlife. Trump opened the area to drilling in a 2017 tax cut law enacted by congressional Republicans. No drilling has occurred in the refuge, although the U.S. Bureau of Land Management on Wednesday proposed a lease sale by the end of December that could lead to oil drilling. The sale is required under the 2017 law.

Transition to cleaner energy, transport will continue Trump, who has cast climate change as a “hoax,” has said he will also eliminate regulations by the Biden administration to increase the energy efficiency of lightbulbs, stoves, dishwashers and shower heads. Dan Jasper, a senior policy advisor at Project Drawdown said climate action will continue to move forward at the state and local level. Zara Ahmed, who leads policy analysis and science strategy at Carbon Direct, agreed. While there may be an abdication of leadership at the federal level on climate, she’s optimistic that states including California will continue to lead. Clean Air Task Force Executive Director Armond Cohen said on Wednesday that states, cities, utilities and businesses that have committed to net zero emissions will keep working toward those goals, driving record installations of wind and solar energy. Governors of both parties are also interested in ramping up nuclear energy as a carbon-free source of electricity, Cohen said. Trump has said he, too, is interested in developing the next generation of nuclear reactors that are smaller than traditional reactors. Gina McCarthy, a former EPA administrator who was Biden’s first national climate adviser, said Trump will be unable to stop clean energy such as wind, solar and geothermal power. “No matter what Trump may say, the shift to clean energy is unstoppable and our country is not turning back,″ McCarthy said. Advocates for clean energy are bipartisan, well-organized “and fully prepared to deliver climate solutions, boost local economies, and drive climate ambition,′ she said.

[theskyexists]

There are many reasons to not go in for nuclear power and some reasons to go in for it after all.

Against:

1. It takes so many damn years to build. We'll be 20 years on and far past our carbon budget. That HUGE (they are insanely expensive) amount of money could have been spent on something more scalable. Nuclear is not scalable. Wind and solar are extremely scalable (and cheaper every day). One reason is that renewable plants (e.g a mill) are small and a repeated construction. Expertise for constructing renewables is widely available, nuclear plant construction expertise is in short supply. Counter (a bit weak): even if it takes ages to build, still, we're not on schedule for non-fossil fuel use anyway, so it will probably unfortunately still be relevant in twenty years.

2. A nuclear plant is a national security risk. One: in times of war. 2: in times of natural disaster. No counter to that except: surely war won't be THAT bad and the failsafes will always be enough.

3. Sourcing the concrete, steel and uranium that goes into such a plant isn't good for the environment. Nor is uranium renewable. Current stocks and use would provide us with 130 years of energy production. Build more plants, that number goes down. Counter: producing any power plant requires mining and transport - coal plants and renewables do too, for example.

4. Nuclear waste is a non-negligible problem. There are (war) incentives NOT to reduce waste. Even when waste is minimised, waste remains. Highly dangerous waste can kill people for longer than any society on earth has ever survived. 500.000 years... So no society can reasonably take responsibility for it. When nuclear waste is stored and then spills (as has happened in Germany) the state must pay billions in taxes to clean it up. Storage is difficult. There are NO permanent storage sites ready in all of Europe. There's about 180 plants now that have ran for decades. No permanent storage. If a company is made responsible for a nuclear plant, they tend to pay out to their shareholders one year and claim not to be able to take care of the waste for fear of bankruptcy the next - or they've already declared bankruptcy. Literally happened here. There are no incentives to deal responsibly with the waste for companies. Germany is projected to have to pay hundreds of billions of euros for permanently storing all the waste they've still got lying around at interim sites. Once again, money which might have been spent on scalable renewable production. 500.000 years... this a storage solution must last for 500.000 years. Ever seen concrete last so long... ?

5. We're seeing nuclear crowd out renewables RIGHT NOW IN REAL TIME in politics in the Netherlands and the UK. The money (and project managemeny time) really cannot be spent twice.

For:

6. Fossil fuels have done way more damage to the environment so far. Nuclear is preferable. In fact, 20% of European electricity and 10% of total energy is provided by nuclear power plants. 180. Plants. All renewables combined provide 17%. No real counter to that: they really do produce a lot of electricity without emitting greenhouse gases! Importantly: they don't need a lot of space. (Nuclear on the whole causes about as many greenhouse gases as wind energy equivalent and even slightly less than solar. Forty times less than coal.)

7. Nuclear is a proven way to produce a LOT of power. Weak counter: this makes it a liability in the electricity grid and incentivises less maintenance to minimise downtime (if no other plants can take over - generally not if they're too big. This makes them unreliable, just like renewables). Counter to that counter: much smaller (scalable) plants are being developed. Counter to that counter: they're experimental. The thorium reactors thay produce shorter lived waste are also experimental. I.e. it will take decades before we can build operational versions. (BUT! there's an ENORMOUS amount of thorium on earth, which is extremely important. Waste is much less problematic and meltdown impossible)

8. Nuclear plants that are not traditional baseload only plants and have load following capabilities can play a role in managing the ups and downs of renewables on the grid. Counter: even when built for this purpose, it's impossible to make enough money to pay for the construction and management and deconstruction and waste management by only running these plants as buffer. This is a problem because companies are asked to construct the plants, not the state. Counter 2: in a hybrid system with renewables the grid operator actually has to PAY OFF (millions) the nuclear plant to stop it producing so much. It's a liability in a hybrid system with renewables.

Final conclusion:

CURRENT nuclear power plant construction does not play well with the transition to renewables because there is no way in this financial system to use its production as a buffer, the state cannot produce the plants because there is a lack of expertise, companies cannot afford to run the plant as buffer and cannot be trusted and ideologically and politically nuclear power is proposed as an alternative to renewables instead of a complement which cuts into the much-needed financial resources necessary for renewable expansion. It is slow to build and badly scalable. We need speed and scalability considering our climate deadline. There is no permanent solution for waste and takes billions of euros to store right now already. Uranium is a scarce and non-renewable resource. Existing plants impede the transition to renewables (there is no need). They form a liability for continued production when it comes to short term production for the grid when needing maintenance and long term liability for energy production when they need to be decommissioned (France is dependent for 3/4ths on many plants that must be decommissioned at the same time). Nonetheless, existing plants are preventing a large amount of carbon emissions. Nuclear can be a useful element to the energy mix, and requires a lot less space than renewables. If innovations in scalable, smaller plants with increasingly better business cases, faster build times and ability to offload production to each other, there may be serious synergy with renewables. Still, these will be useful for 50-100 years until uranium runs out. Problematic, not just because it leaves us with expertise and infrastructure that will have no fuel, but also because we need to transition FAST and it's uncertain in how many years this technology will be operational. Thorium would be a solution to a lot of problems, but that is also decades away from operation. Putting money into research and test reactors is a priority. Decommissioning existing plants early would be stupid even if it would remove their contributions to transition intertia and the as of yet unsolved and increasing waste storage problem.

[feministdragon]

‘Financing represents the ultimate chokepoint,’ Christophers writes, ‘the point at which renewables development most often becomes permanently blocked.’ Investors aren’t choosing between ‘clean’ and ‘dirty’ electricity generation, but judging opportunities across a wide range of asset classes. Capitalists’ sole concern, as Marx observed, is how to turn money into more money, and it’s not clear that renewables are a very good vehicle for doing this, regardless of how cheap they are to run.

The problem, from the perspective of investors, is ‘bankability’. Investors want as much certainty as possible regarding future returns on their investments, or else they require a hefty premium for accepting additional uncertainty. The challenge for the renewables sector is how to persuade investors that they can make reliably high returns in a market with highly volatile prices, low barriers to entry and nothing to stabilise revenues. The very policies that were introduced to bring electricity costs down – marketisation and competition – have made the financial sector wary. Whenever renewables appear to be doing well, new providers rush in, driving down prices, and therefore profits, until investors get cold feet all over again.

What investors crave is price stability, or predictability at least. Risk is one thing, but fundamental uncertainty is another. Industries characterised by a high degree of concentration, longstanding monopoly power and government support are far easier to incorporate into financial models, because there are fewer unknowns. Judged in terms of decarbonisation, the most successful policies reviewed in The Price Is Wrong are not those which reduce the price of electricity, which would be in the interest of consumers, but those which stabilise it for the benefit of investors. Meanwhile, the extraction and burning of fossil fuels remains a more dependable way of making the kind of returns that Wall Street and the City have come to expect as their due. This is an industry with more dominant players, much higher barriers to entry, and which was largely established (and financed) long before the vogue for marketisation took hold.

Despite the exuberance over the falling costs of solar and wind power, Christophers doubts ‘whether a single example of a substantive and truly zero-support’ renewables facility ‘actually exists, anywhere in the world’. What’s especially galling is that, to the extent renewable electricity remains hooked on subsidies, this isn’t money that is ending up in savings for consumers, but in the profits of developers and the portfolios of asset managers. Paradoxically, the ideology that promoted free markets and a culture of enterprise (against conglomeration and monopoly) has enforced this sector’s reliance on the state. The lesson Christophers draws is that electricity ‘was and is not a suitable object for marketisation and profit generation in the first place’. Ecologically speaking, neoliberalism could scarcely have come at a worse time.

What can be done? It is clearly no good hoping that electricity markets will drive the energy transition, when it’s financial markets that are calling the shots. The option that has come to the fore in recent years, led by the Biden administration, is the one euphemistically called ‘de-risking’, which in practice means topping up and guaranteeing the returns that investors have come to expect using tax credits and other subsidies. The Inflation Reduction Act, signed by Biden in the summer of 2022, promises a giant $369 billion of these incentives over a ten-year period. This at least faces up to the fact that much of the power to shape the future is in the hands of asset managers and banks, and it is their calculations (and not those of consumers) that will decide whether or not the planet burns. There is no economic reason why a 15 per cent return on investment should be considered ‘normal’, and there is nothing objectively bad about a project that pays 6 per cent instead. The problem, as Christophers makes plain, is that investors get to choose which of these two numbers they prefer, and no government is likely to force BlackRock to make less money anytime soon. "

[solarkart]

solar panels for business

1. Cost Savings

Reduced Energy Bills: Solar panels can significantly lower your electricity costs by generating your own power, which can be especially beneficial if your business operates during daylight hours. Commercial Solar Solutions

Tax Incentives and Rebates: Many governments offer tax credits, rebates, and incentives for businesses that install solar panels. In the U.S., for example, the Investment Tax Credit (ITC) allows businesses to deduct a percentage of the cost of installing a solar energy system from their federal taxes.

Long-Term Investment: While the initial cost of installation can be high, the return on investment (ROI) can be substantial over time, typically within 5-10 years depending on your location and energy usage. Business Solar Power

2. Environmental Impact

Sustainability: Installing solar panels reduces your carbon footprint, contributing to environmental sustainability. This can enhance your business’s reputation and appeal to eco-conscious customers. Solar Energy for Businesses

Corporate Social Responsibility (CSR): Using renewable energy sources like solar power demonstrates your business’s commitment to reducing its environmental impact, which can be a key part of your CSR strategy.

3. Energy Independence

Protection against Rising Energy Costs: By generating your own electricity, your business is less vulnerable to fluctuations in energy prices.

Reliability: Solar panels paired with battery storage systems can provide energy security, ensuring your business remains operational even during power outages.

4. Brand Image and Marketing

Green Branding: Businesses that go solar can leverage their eco-friendly initiatives in marketing campaigns, potentially attracting new customers who value sustainability.

Differentiation: In competitive markets, showcasing your commitment to renewable energy can set your business apart from others.

5. Considerations

Initial Investment: The upfront cost can be substantial, though financing options, loans, and leasing arrangements are available to mitigate this.

Roof Space: Sufficient roof space or land is required to install solar panels. The amount of space needed depends on your energy consumption.

Local Regulations: Check local zoning laws and building codes to ensure compliance with regulations regarding solar panel installations. Best solar panel Company in India for home

6. Steps to Implement Solar Panels for Your Business

Energy Audit: Conduct an energy audit to determine your current energy consumption and identify opportunities for energy savings.

Consultation with Experts: Engage with solar energy providers to evaluate your site, calculate potential savings, and design a system tailored to your business’s needs.

Financing: Explore financing options, such as solar loans, power purchase agreements (PPAs), or leasing, to fund the installation. Best solar panels for business in India

Installation and Maintenance: Once installed, solar panels require minimal maintenance but should be regularly inspected to ensure optimal performance.

Switching to solar energy is not only a smart financial decision but also a step towards a more sustainable future for your business.

www.solarkart.co.in

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[rametarin]

really think NASA should be doin' this.

Okay. OKAY... Picture this.

NASA needs funding, yes? We need more space flight stuff. We need more incentive to do things with space. We need the fuel, we need the material resources, we need the manpower.

Imagine, if you will, either NASA itself or a subdivision of NASA, that operates solar array stations that beam power through space to a receiver station in lower orbit via microwaves. This is proven technology. This works. We can do this.

The receiver satellite then beams it down to a tower on earth, which receives the power, and converts it to electricity. Even if it's only 1% of the power in space, because of NIMBY and earth atmospheric conditions and material costs of how much solar panels degrade from the moisture and conditions of our earth, that's STILL so much fucking solar-electric photovoltaic power. We can literally do things in space that cannot possibly be done on earth.

So NASA could theoretically set itself up with some side gigs that allow it to collect power from the sun and beam it via microwave. Easily, easily, the equivalent of at least one small nuclear power plant, and once you have that clean, CO2 free, long lasting solar array out in space, you can fuel (and cheaply) putting even more out there in space, minimize the footprint on earth, and NASA can self-fund by way of acting as a power company to millions of people in all directions.

Wouldn't that just be fucking amazing? To have a government branch or bureau that is entirely self-funding through the service rendered? Now, obviously, some stringent regulations would have to be involved so the government isn't giving itself rubber stamp passes to operate in a private enterprise system without the private enterprise rules and limitations, or advantages and privileges of being part of the government, but imagine the profits from such a clean energy venture going into the space program, or businesses operating in cahoots with NASA in order to do that.

Rather than the pre-Space X world where we operate at a complete loss, paying $10,000 to move a kilogram of mass into space and tens of thousands of tons each time, we actually turn a profit on satellite and solar array launches.

Microwave power beamed through space to satellites that turn it into electricity for ionic propulsion, recharging stations in orbit to extend the lifespan of existing satellites.

Over the lifespan of the solar arrays, you could replace the massive amount of natural gas, diesel fuel, oil, gasoline, similar used in the forging and manufacturing of objects for the space program. It would be self-fueling and self-funding, and less of the national budget could go towards funding NASA in the form of taxes.

[insert-witty-user-name-here]

50+ Good Things from the Biden Administration

Just a list of 50+ good things the Biden Administration has done in the last 4 years because I’ve been hearing too much rhetoric that it doesn’t matter who you vote for. It does make a difference. 

Increased access to healthcare and specifically codified protections for LGBTQ+ patients against discrimination. (x) 

Strengthened women's reproductive rights by increasing access to reproductive health care, improving confidentiality to protect against criminalization for patients receiving reproductive care, and revoked Medicaid waivers from states that would exclude providers like Planned Parenthood, and more. (x)

Expanded healthcare and benefits for veterans through the PACT Act (x)

Cemented protections for pregnant and postpartum workers through the Pregnant Workers Fairness Act and PUMP for Nursing Mothers Act. 

Improved access to nursing homes for those who receive Medicaid services and established, for the first time, a national minimum staffing requirement for nursing homes to ensure those in their care receive sufficient support.  (x) 

Lowered healthcare costs for those with Medicare which capped insulin for seniors at $35 a month, made vaccines free, and capped seniors’ out of pocket expenses at the pharmacy through the Inflation Reduction Act. 

Fully vaccinated 79% of American adults against COVID-19 (I know this is old news now this is a big deal) 

Banned unfair practices that hide housing fees from renters and homebuyers when moving into a new home (x) 

Reduced the mortgage insurance premium for Federal Housing Administration (FHA) mortgages and clarified that inflated rents caused by algorithmic use of sensitive nonpublic pricing and supply information violate antitrust laws. (x) 

Increased protections for those saving for retirement from predatory practices. (x)

Helped millions of households gain access to the internet through the Affordable Connectivity Program. (x) 

Restored net neutrality (net neutrality is a standard which ensures broadband internet service is essential and prohibits interna providers from blocking, engaging in paid prioritization, and more.) (x)

Increased protections for loan holders as well as increased access to loans (x)

Cut fees that banks charge consumers for overdrawing on their accounts. (x)

Reaffirmed HUD’s commitment to remedy housing discrimination under the Fair Housing Act (which was– surprise, surprise– halted under the Trump administration). (x)

Rejoined the Paris Climate Accords.  

Listed more than 24 million acres of public lands across the country as environmentally protected and has channeled more than $18 billion dollars toward conservation projects. (And revoked the permit for the Keystone XL pipeline amongst others). 

Invested $369 billion to reduce greenhouse emissions and promote clean energy technologies through the Inflation Reduction Act. Through the tax incentives under the Inflation Reduction Act, renewable energy (such as wind, solar, and hydropower) has surpassed coal-fired generation in the electric power sector for the first time, making it the second-biggest source of energy behind natural gas. (x)

Strengthened protections against workplace assault through the Speak Out Act. (x) 

Increased protections for workers during the union bargaining process (x)

Is making it easier for passengers to obtain refunds when airlines cancel or significantly change their flights, significantly delay their bags, or fail to provide extra services when purchased. (x)  

Invested $1.2 trillion into roads, waterlines, broadband networks, airports and more allowing for more bridges, railroads, tunnels, roads, and more through the Inflation Reduction Act (which also added 670,000 jobs). (idk about you but I like driving on well maintained roads and having more rail options).  

Strengthened overtime protections for federal employees (x)

Raised the minimum wage for federal workers and contractors to $15. (x)

Strengthened protections for farmworkers by expanding the activities protected from retaliation by the National Labor Relations Act and more. (Previously anti-retaliation provisions under the National Labor Relations Act applies mostly to only U.S. citizens) (x)

Invested $80 billion for the Internal Revenue Service to hire new agents, audit the wealth, modernize its technology, and more. Additionally, created $300 billion in new revenue through corporate tax increases. (x) 

Lowered the unemployment rate to 3.5% — the lowest in 50 years. 

Canceled over $140B of student debt for nearly 40 million borrowers. (x)

Strengthened protections for sexual assault survivors, pregnant and parenting students, and LGBTQ+ students in schools through an updated Title IX rule. This updated rule strengthens sexual assault survivors rights to investigation– something that had been gutted under the Trump administration, strengthens requirements that schools provide modifications for students based on pregnancy, prohibits harassment based on sexual orientation or gender identity, and more. (x)

Revoked an order that limited diversity and inclusion training. (x)

Cracked down on for profit colleges. (x)

Reaffirmed students’ federal civil rights protections for non-discrimination based on race, national origin, disability, religion, sexual orientation, gender in schools. Specifically, the Department of Education made clear students with disabilities’ right to school, limiting the use of out of school suspensions and expulsions against them. (x) (x) 

Enhanced the Civil Rights Data Collection, a national survey that captures data on students’ equal access to educational opportunities. These changes will improve the tracking of civil rights violations for students, critical for advocates to respond to instances of discrimination. 

Provided guidance on how colleges and universities can still uphold racial diversity in higher education following the Supreme Court decision overturning affirmative action. (x) 

Issued a federal pardon to all prior Federal offenses of simple possession of marijuana. Additionally, the DEA is taking steps to reclassify marijuana as a Schedule III substance instead of a Schedule I, limiting punishment for possession in the future. (x) 

Changed drug charges related to crack offenses, now charging crack offenses as powder cocaine offenses. This is a big step towards ending the racial disparity that punishes crack offenses with greater severity than offenses involving the same amount of powder cocaine. (x) 

Lowered the cost of local calls for incarcerated people through the Martha Wright-Reed Just and Reasonable Communications Act as well as increased access for video calls (especially impactful for incarcerated people with disabilities). (x) 

Enacted policing reforms that banned chokeholds, restricted no-knock entries, and restricted the transfer of military equipment to local police departments. (x)

Established the National Law Enforcement Accountability Database (NLEAD) which will better track police officer misconduct. This database will vet federal law enforcement candidates who have a history of misconduct from being rehired and will make it easier and faster to charge police officers under the Death in Custody Reporting Act. (x) 

Added disability as a protected characteristic alongside race, gender, religion, and sexual orientation. Under the law, police officers are prohibited from profiling people based on these characteristics. …It sadly happens anyway but now there’s an added legal protection which means a mechanism to convict police officers should they break the law. (x) 

Required federal prisons to place incarcerated individuals consistent with their chosen pronouns and gender identity. (x) 

Expanded gun background checks by narrowing the “boyfriend” loophole to keep guns out of the hands of convicted dating partners, strengthening requirements for registering as a licensed gun dealer (closing the “gun show loophole”), and more through the Bipartisan Safer Communities Act.  (x) 

Increased mental health programs within police departments to support officers experiencing substance use disorders, mental health issues, or trauma from their duties. (x)

Lifted Trump era restrictions on the use of consent decrees. The Justice Department uses consent decrees to force local government agencies (like police departments) to eliminate bad practices (such as widespread abuse and misconduct) that infringe on peoples’ civil rights. (x) 

Improved reporting of hate crimes through the COVID-19 Hate Crimes Act (x) 

Nominated the first Black woman to sit on the Supreme Court 

Confirmed 200 lifetime judges to federal courts, confirming historic numbers of women, people of color, and other judges who have long been excluded from our federal court system. (64% are women, 63% are people of color) 

Designated Temporary Protected Status (TPS) status for immigrants from Cameroon, Haiti, ​​El Salvador, Haiti, Honduras, Nepal, Nicaragua, Sudan, and more. (x) 

Ended the discriminatory Muslim and African bans (x). 

Provided a pathway to citizenship for spouses of U.S. citizens that have been living in the country without documentation. (x) 

Expanded healthcare to DACA recipients (x) 

This one is… barely a win but not by fault of the Biden Administration. The Department of Homeland Security as of Feb 2023 has reunited nearly 700 immigrant children that were separated from their families under Trump’s Zero Tolerance Policy. From 2017-2021, 3,881 children were separated from their families. About 74% of those have been reunited with their families: 2,176 before the task force was created and 689 afterward. But that still leaves nearly 1,000 children who remain tragically separated from their families from under the Trump Administration. (x)

(okay this one is maybe only exciting for me who’s a census nerd) Revised federal standards for the collection of race and ethnicity data, allowing for federal data that better reflect the country’s diversity. Now, government forms will include a Middle Eastern/ North African category (when previously those individuals would check “white”). Additionally, forms will now have combined the race & ethnicity question allowing for individuals to check “Latino/a” as their race (previously Latine individuals would be encouraged to check “Latino” for ethnicity and “white” for race… which doesn’t really resonate with many folks). (x) (I know this sounds boring but let me tell you this is BIG when it comes to better data collection– and better advocacy!).

Rescinded a Trump order that would have excluded undocumented immigrants from the 2020 Census which would have taken away critical funds from those communities. 

Required the U.S. federal government and all U.S. states and territories to recognize the validity of same-sex and interracial civil marriages by passing the Respect for Marriage Act, repealing the Defense of Marriage Act.

Reversed Trump’stransgender military ban. 

Proposed investments in a lot of programs including universal pre-k, green energy, mental health programs across all sectors, a national medical leave program for all workers and more. (x) 

Last… let’s also not forget all the truly terrible things Trump did when he was in office. If you need a reminder, scroll this list, this one mostly for giggles + horror, for actual horror about what a Trump presidency has in store, learn about ‘Project 2025’ from the Heritage Foundation. I know this post is about reasons to vote FOR Biden but let’s not forget the many, many reasons to vote for him over Trump. 

So, there it is, 50+ reasons to vote for Biden in the 2024 Election. 

Check your voter registration here, make a plan to vote, and encourage your friends to vote as well. 

All in all, yeah… there’s a lot of shitty things still happening. There’s always going to be shit but things aren’t going to change on their own. And that change starts (it certainly doesn’t end) with voting. 

Go vote in November. 

[mericaelpasotx]

Solar Panels in El Paso, TX: Harnessing the Power of the Sun

El Paso, TX, with its abundant sunshine and clear skies, is an ideal location for solar energy adoption. Solar panels in El Paso provide homeowners and businesses with a sustainable, cost-effective, and eco-friendly energy solution. By converting sunlight into electricity, solar panels reduce reliance on traditional power grids, lower utility bills, and decrease carbon footprints.

El Paso's climate, characterized by over 300 days of sunshine annually, makes solar panels a highly efficient investment. Modern solar technology allows panels to capture and store energy even during cloudy days, ensuring consistent power supply. Homeowners in El Paso may also benefit from federal tax credits, state incentives, and net metering programs that allow them to sell excess energy back to the grid.

Installing solar panels in El Paso not only enhances property value but also contributes to a cleaner, greener environment. Local solar energy companies offer customized solutions, from residential rooftop systems to large-scale commercial installations. By switching to solar power, El Paso residents can enjoy long-term energy savings, energy independence, and the satisfaction of supporting renewable energy initiatives.

If you'd like a more tailored description or additional details, let me know!

[colonelrajyavardhanrathore]

Rajasthan’s Journey to a 30 Lakh Crore Economy: A Vision for the Future

At the Rising Rajasthan Global Investment Summit 2024, Industry Minister Rajyavardhan Singh Rathore made a bold declaration about the state’s economic future. He highlighted the growth trajectory of Rajasthan’s economy, asserting that while the previous Congress government left behind a state economy worth ₹15 lakh crore, the current vision for the state will see it crossing the ₹30 lakh crore mark in just the next four years. This ambitious plan represents not only a doubling of the state’s economic size but also the transformation of Rajasthan into a major economic powerhouse in India.

This statement, made in the context of the Rising Rajasthan Summit, isn’t just a number. It reflects the aspirations of a state poised to redefine its place in India’s growth story. The summit, a significant platform for global investment, is seen as the starting point for this economic revolution. Let’s explore the key elements that are driving this vision for Rajasthan’s economic future.

From ₹15 Lakh Crore to ₹30 Lakh Crore: The Road Ahead

Rajyavardhan Singh Rathore, in his address at the summit, set the tone for Rajasthan’s ambitious growth plans. He stated that the previous Congress government left the state’s economy at ₹15 lakh crore, but the state is now targeting a bold and transformative leap to ₹30 lakh crore within the next four years. This growth is expected to come from a combination of factors, including a more business-friendly environment, focus on innovation, infrastructure development, and expanding the state’s industrial base.

The core of this vision is the recognition that Rajasthan is no longer just a state dependent on agriculture and mining. Over the past few years, it has rapidly diversified into other sectors, and the current government’s focus on boosting manufacturing, renewable energy, tourism, and technology is set to accelerate this growth.

Key Drivers of Rajasthan’s Economic Growth

1. Industrialization and Infrastructure Development

One of the primary drivers of Rajasthan’s economic growth is its increasing industrial output. The state has emerged as a major player in sectors like manufacturing, textiles, and electronics. With the government’s focus on improving infrastructure — especially transport, logistics, and industrial corridors — Rajasthan is becoming a hub for industries looking to tap into India’s growing demand for goods and services.

The development of the Delhi-Mumbai Industrial Corridor (DMIC) and other projects such as the Rajasthan Investment Promotion Scheme (RIPS) are opening up new opportunities for large-scale industrial growth. Rajasthan’s favorable policies and initiatives, including subsidies, tax breaks, and incentives for businesses, are attracting both domestic and foreign investments. These measures are expected to make the state a manufacturing powerhouse and increase its contribution to India’s overall GDP.

2. Renewable Energy Leadership

Rajasthan is already a leader in renewable energy, particularly in solar energy. The state boasts some of the best solar energy resources in India, making it a key player in the country’s transition to renewable energy. The government has set ambitious goals to expand solar energy capacity, with plans to increase renewable energy output significantly over the next few years.

By harnessing the power of the sun, Rajasthan aims to become a global leader in renewable energy, not just for domestic consumption but for export as well. This growth in renewable energy will not only generate power but also create jobs, drive investment, and make Rajasthan a key player in the global green energy revolution.

3. Tourism as a Growth Catalyst

Rajasthan is one of India’s most visited states, with its royal history, palaces, forts, and natural beauty attracting millions of tourists every year. The government has recognized the immense potential in expanding the tourism sector, especially eco-tourism, adventure tourism, and cultural tourism.

The Rising Rajasthan Summit also highlighted the opportunities in creating world-class infrastructure for tourists, developing new tourist circuits, and leveraging digital platforms for promoting tourism. By enhancing tourism infrastructure, Rajasthan can generate significant economic activity, create employment, and contribute to the overall growth of the state’s economy.

4. Skilled Workforce and Education

A critical component of Rajasthan’s economic future is its focus on skill development. The government is committed to improving education, providing job-specific training, and building a workforce that is capable of meeting the demands of a rapidly changing economy.

With an emphasis on sectors like information technology, engineering, healthcare, and tourism, the state is creating the necessary human capital to drive its ambitious growth targets. Skill development centers, vocational training institutes, and a focus on entrepreneurship are expected to empower the youth of Rajasthan to become contributors to the state’s economic growth.

The Role of the Rising Rajasthan Summit

The Rising Rajasthan Global Investment Summit 2024 was not just an event, but a significant milestone in the state’s journey towards achieving its economic goals. The summit served as a platform to showcase the state’s potential to global investors and business leaders, while also highlighting the government’s commitment to building an ecosystem that supports growth and innovation.

The summit emphasized the state’s readiness to embrace new technologies, foster innovation, and ensure that Rajasthan remains at the forefront of India’s industrial and economic transformation. From attracting foreign direct investment (FDI) to promoting local entrepreneurs, the summit is expected to catalyze the economic growth needed to reach the ₹30 lakh crore target.

Challenges and Opportunities

While Rajasthan’s growth prospects are incredibly promising, the journey to a ₹30 lakh crore economy will not be without its challenges. Issues such as improving infrastructure, ensuring sustainable growth, bridging the urban-rural divide, and promoting inclusive development need to be addressed. However, the government is aware of these challenges and is actively working towards overcoming them.

The vision of a ₹30 lakh crore economy by 2028 is ambitious, but with the right policies, leadership, and collaborations, it is achievable. The state’s vast resources, industrial potential, and commitment to innovation make it an exciting place to invest and do business.

Rajyavardhan Singh Rathore’s statement at the Rising Rajasthan Global Investment Summit 2024 marks the beginning of a bold new chapter for Rajasthan. With an economy poised to more than double in just four years, the state is entering a period of rapid transformation. The summit is a clear signal that Rajasthan is not only rising but is ready to become a key player in India’s economic future.

As the state continues to diversify its economy, attract global investments, and innovate across sectors, Rajasthan is setting itself on a trajectory of sustainable, inclusive, and dynamic growth. The next few years will define the state’s future, and if the ambitious vision laid out by the government is realized, Rajasthan will become one of the most powerful economic engines in India.

[rajasthan-political-leader]

The Grand Inauguration of Rising Rajasthan Global Investment Summit 2024: Col Rajyavardhan Rathore

The Rising Rajasthan Global Investment Summit 2024, a flagship event to drive economic transformation in Rajasthan, kicked off with grandeur in Jaipur. Inaugurated by Prime Minister Narendra Modi, the summit is poised to position Rajasthan as a leading investment hub. Col Rajyavardhan Rathore, a key figure in promoting this initiative, emphasized the summit’s role in shaping the future of Rajasthan’s economy.

A Visionary Start: The Inauguration Ceremony

The inauguration ceremony was nothing short of a spectacular display of Rajasthan’s cultural richness and economic ambitions. PM Modi, along with dignitaries from across the globe, lit the ceremonial lamp, marking the beginning of a three-day extravaganza aimed at attracting investments across various sectors.

Keynote by PM Modi

Col Rajyavardhan Rathore’s Address

Key Themes of the Summit

1. Investment in Renewable Energy

Rajasthan, blessed with ample solar and wind resources, aims to be a leader in renewable energy. The summit highlights projects aimed at making the state a green energy hub.

2. Boosting Tourism and Heritage

Rajasthan’s rich cultural heritage is a focal point, with plans to modernize infrastructure while preserving its historical charm.

3. Technology and Startups

The event places significant emphasis on fostering innovation through support for startups, IT hubs, and the burgeoning AVGC (Animation, Visual Effects, Gaming, and Comics) sector.

4. Agricultural and Rural Development

Event Highlights

International Participation

The summit sees delegates from over 30 countries, including CEOs, diplomats, and investors, exploring collaborations in various industries.

Policy Announcements

The Rajasthan government has introduced policies tailored to attract investments, including tax incentives, streamlined approvals, and support for startups and MSMEs.

Exhibition and Networking Opportunities

Impact on Rajasthan’s Economy

Billions in Investment Commitments

The summit is expected to secure significant investments in key sectors, boosting Rajasthan’s GDP and job market.

Job Creation

With investments in industrial hubs, green energy projects, and tourism, thousands of job opportunities are set to emerge, particularly for the youth.

Infrastructure Development

Infrastructure upgrades, including smart cities, roads, and industrial parks, will lay the foundation for sustained growth.

Col Rajyavardhan Rathore: Championing Rajasthan’s Growth

A Bright Future for Rajasthan

The Rising Rajasthan Global Investment Summit 2024 is more than an event; it’s a movement to propel Rajasthan into a new era of growth and global recognition. With leaders like Col Rajyavardhan Rathore and the support of the central government, the future looks exceptionally promising for the state and its people.

[rjzimmerman]

Excerpt from this story from Truthout/Floodlight:

The IRA is the Biden Administration’s signature climate law. The historic act is the most aggressive climate policy in U.S. history, rolling out billions in tax breaks and other incentives with the goal of cutting economy-wide carbon emissions 40% by 2030.

Every congressional Republican voted against the bill, arguing it was nothing more than handouts to prop up climate and social justice programs. Some on the extreme right continue to argue that climate change is a hoax. But now some GOP House members who voted against the IRA are urging their leader to consider saving key portions of it.

In fact, it is the red states that overwhelmingly have benefitted from the federal government’s infusion of clean energy money, according to a report released today by, a national nonpartisan group of more than 10,000 business leaders that advocates for a cleaner economy and environment.

Friday marks two years since Biden inked his signature on the IRA. Companies have announced roughly 330 clean energy and vehicle projects since that time, efforts that could create 109,278 jobs and bring in a whopping $126 billion in private investments, if completed, according to the E2 report.

E2’s report breaks down IRA-boosted projects by state, sector and industry as well as by congressional district. It found that “nearly 60% of the announced projects — representing 85% of the investments and 68% of the jobs — are in Republican congressional districts.”

Among the major projects is the South Korea-based solar manufacturer QCells. Last year it announced a $2.5 billion expansion in Dalton, Georgia, spurring more than 2,500 jobs and helping change a town known as the “carpet capital of the world” into a destination for clean energy manufacturing.

Since 2022, the northern third of Nevada has added more than 5,000 jobs from a $6.6 billion investment in projects such as the Rhyolite Ridge and Thacker Pass lithium mines as the state aims toward becoming the lithium capital of the United States.

And in North Carolina, $19.7 billion has been poured into the state, creating 22 clean energy projects and more than 10,000 jobs in solar, recycling, electric vehicle and battery manufacturing. The investments include a $13.9 billion Toyota Motor North America EV/hybrid battery plant slated to open next year.

E2’s report is based on publicly available information, including news releases and formal government announcements. Roughly one-third of the information did not include how much money was being invested or how many jobs a project was expected to create, E2 stated.

In other words, the impact of the IRA is likely broader than the nonprofit’s tally. That bodes well for environmentalists and clean energy advocates.

18 congressional Republicans signed a letter to GOP House Speaker Mike Johnson of Louisiana urging him to be cautious in repealing all or parts of the IRA — something Trump has vowed to do if he is again elected president.

“Energy tax credits have spurred innovation, incentivized investment and created good jobs in many parts of the country — including many districts represented by members of our conference,” the Aug. 6 letter to Johnson said.

The Congress members said they had heard from industry and constituents that clawing back previously issued energy tax credits, especially on projects that already broke ground, would undermine private investments and stop development.

“A full repeal would create a worst-case scenario where we would have spent billions of taxpayer dollars and received next to nothing in return,” the letter states.