01/04/2013 | 11:57 AM

While staving off fiscal cliff, Congress gives boost to clean tech

By Michael Morisy, Boston.com Staff
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Amid rancorous politicking, two programs that will likely boost green investments, including Cape Wind, were renewed.

The Globe’s Erin Ailworth reports that the programs’ respective language was tweaked to cover green projects started in 2013, when originally projects had to actually start producing renewable energy by the end of this year to qualify. The incentives, in the form of tax credits, are worth 2.2 cents per kilowatt hour for the first 10 years of production of qualified wind energy programs.

Read the full Boston Globe story (Globe subscription required), and read our Exchange from last year about tax incentives for green tech companies.

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About this blog

The Inside the hive blog is your one-stop source for local innovation news featuring voices from the start-up, venture, and research communities. Reach us at hive@boston.com.

Michael Morisy is your editor, curator, and reporter on all things innovative and startup in Boston and beyond. He’s blown a SXSW talk, been threatened with jail for his own startup, and exchanged enough useless business cards to rebuild the rain forest. Now he wants to share your stories of creating the next insanely great business.
Contact michael.morisy@boston.com
On Twitter @morisy

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