$5.4 billion in new tax credits for Cleantech U.S.

Clean energy total investment manufacuring $15bn expected

The step, which, it's hoped, will spur private investment for $15 billion in total spending

for manufacturing, was announced today by Vice President Joe Biden, who was hosting

chief executives as part of an unveiling of a new framework to aid US manufacturing.

He characterized it as an investment in the nation's future.

Advanced energy manufacturing

The stimulus bill already includes a $2.3 billion tax break for "advanced energy manufacturing," a 30 percent tax credit for investments in factories that manufacture wind turbines, solar panels, electric vehicles, and lithium-ion batteries.

source: .csmonitor.com/Environment