The United States promotes clean energy development with tax incentives

[ China Glass Network ] The US Obama administration recently announced a $2.3 billion tax incentive, which is the two main goals of promoting the development of clean energy technologies and creating jobs in the United States.
The White House issued a statement stating that the tax benefit program was funded by Obama’s $787 billion emergency stimulus package signed in February 2009. 180 projects in more than 40 states in the United States will benefit from the production of wind, solar and high-performance batteries, which are expected to directly create 17,000 jobs. At the same time, there will be $5 billion in private matching funds, which can indirectly help create tens of thousands of jobs. The White House expects that one-third of the green energy projects benefited will be completed in 2010.
Creating jobs is one of the more pressing issues facing the Obama administration. This year is the US mid-term election year, and the unemployment rate at a high level of 10% will directly affect the votes. In October last year, the fact that the Democratic Party lost in the elections of the governors of Virginia and New Jersey has sounded the alarm. Public opinion in the United States generally believes that if the double-digit unemployment rate cannot be alleviated in the next few months, it is likely that the Democratic Party will pay the price in the midterm elections. Obama believes that clean energy has enormous potential for job creation.
However, in the long run, the United States is promoting the development of clean energy technologies and has an important strategic intent to global competition in the 21st century. From the outset, investment in clean energy was an important feature in the US$787 billion economic stimulus package. When Obama announced the tax incentive plan, he once again stressed that the United States was a pioneer in clean energy technology, but unfortunately, the United States' superior position in this field has been surpassed by other countries. He mentioned that the batteries of hybrid vehicles produced in the United States are manufactured in Asian countries such as Japan. The United States invests in clean energy technology to produce such batteries in the United States. The United States will maintain a dominant position in the 21st century's new energy competition, thus laying a strong foundation for the prosperity and sustainable employment of US manufacturing.