AABE Energy News: February 2013 | Members and Chapters on the Move

Energy Department, Treasury Announce Availability of $150 Million in Tax Credits for Clean Energy Manufacturers

WASHINGTON – As part of President’s Obama’s all-of-the-above approach to American energy, the U.S. Departments of Energy and the Treasury today announced the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States. This important tax program is focused on strengthening America’s global competitiveness in clean energy manufacturing, increasing our energy security and creating new jobs and opportunities for American workers.

Over the past four years, the United States has more than doubled clean, renewable energy generation from wind, solar, and geothermal sources, and has strengthened its position as a global leader in the clean energy race. At the same time, the American manufacturing sector has begun to rebound, with 500,000 manufacturing jobs added since the beginning of 2010. These tax credits will help continue this growth, while enhancing the country’s energy security and boosting local economic development.

The program supports manufacturing of a range of clean energy products, from renewable energy equipment to energy efficiency products to advanced energy storage and carbon capture technology. A full list of eligible projects is included in the attached fact sheet.

These remaining tax credits will be allocated on a competitive basis. Projects will be assessed by the Department of Energy based on the following criteria: commercial viability, domestic job creation, technological innovation, speed to project completion, and potential for reducing air pollution and greenhouse gas emissions. The Department of Energy will also consider additional factors including diversity of geography, technology, project size, and regional economic development. The full solicitation is available on the IRS website HERE.

Members on the Move

Leticia Spencer

AABE NJ Chapter member

Promoted January 2013 from PSE&G (Public Service Electric & Gas) Business Support Specialist to Collections Process Analyst. Both positions are within the Collections Department in Newark, NJ.

Chapters on the Move

The New Jersey Chapter of the American Association of Blacks in Energy (AABE) and the Minority Interchange (MI) employee resource group co-hosted a Lunch and Learn event on Jan.17 to commemorate the life and contributions of Dr. Martin Luther King, Jr.

This Lunch and Learn, entitled "Keeping the Dream Alive" was held at PSEG corporate headquarters with over 60 members in attendance. Derek Haley, AABE NJ Chapter President, provided the Chapter with videotaped speeches of the late Dr. King. Dr. Katrina Hazzard, an associate lecturer and professor of Rutgers University – Camden, served as the keynote speaker.

Dr. Hazzard discussed the courageous efforts of this late, great, and somewhat reluctant civil-rights leader. She mentioned how meeting Dr. King as a teenager changed her life and led her to become an academic. She gave a riveting and thought provoking presentation on what brought about the Civil Rights Movement and compared it to the issues we face now in everyday society. Her speech was truly enlightening and remarkable.

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