tax credits
States sweeten their offers to chipmakers to outdo one other
HILLSBORO, Ore. — “Oregon’s been at this for decades,” the governor’s office assures potential investors in its so-called Silicon Forest. The Lone Star State’s governor calls it a “race that Texas must win for our state, our workforce, our national security, and our future.” And New York’s governor boasts on the state’s YouTube channel that […]
Thanks to federal tax credits, it’s boom time in the Midwest for carbon dioxide pipelines
Thousands of miles of carbon dioxide pipelines planned in the Midwest have been spurred, in part, by a major expansion of federal tax credits in Democrats’ 2022 climate law. That could lead to billions of dollars per year in federal tax credits benefiting the powerful Midwest ethanol industry, even as the proposals create intense conflicts […]