The Renewable Energy Tax Creditmeasure has finally passed the U.S. Senate and now we look towards what this may mean for most Americans. This new bill will cost around $17 billion over the next ten years and is aimed to stimulate growth in the clean tech sector. It will cut costs of both residential and commercial solar installations, pump $1.5 billion into carbon capture technology and another $1 billion towards an incentive program to get power plants to cut their carbon output.What does this mean for us? Well, it means that the government has finally stepped up to the plate and is rewarding those of us who are interested in making a difference in alternative energy. It means that the big-wigs in Washington have finally realized that this isn't just something that will blow over; change needs to happen now. It also means a bit of an economic stimulus which a recent study indicates would help create almost half a million high-paying jobs for Americans.
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