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Energy Improvement And Extension Act Of 2008
Public Law 110-343 () is a US Act of Congress signed into law by U.S. President George W. Bush, which was designed to mitigate the growing financial crisis of the late-2000s by giving relief to so-called "Troubled Assets." Three divisions ''Emergency Economic Stabilization Act of 2008'' The ''Emergency Economic Stabilization Act of 2008'' is part of an effort to bail out firms holding mortgage-backed securities in an attempt to restore liquidity to the credit markets. ''Energy Improvement and Extension Act of 2008'' The ''Energy Improvement and Extension Act of 2008'' contains a new tax credit for plug-in hybrid electric vehicles for less than a year after the first 250,000 are sold. The credit is a base $2,500 plus $417 for each kWh of battery pack capacity in excess of 4 kWh to a maximum of $15,000 for any vehicle with a gross vehicle weight rating of more than and up to $7,500 for 12 kWh or more in passenger cars (vehicles up to ). It also extends existing tax c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Covered Security
In U.S. law, a covered security may refer to two categories of securities: * Under The National Securities Markets Improvement Act of 1996, is a security listed on the NYSE, AMEX, Midwest (Chicago), or NASDAQ Global Market or any security senior to (bond or preferred) or equal to (rights and warrants). These securities are exempt from registration and advertising filing requirements of the Uniform Securities Act but are not exempt from any anti-fraud provisions. * In U.S. Federal income tax law, a covered security is one for the sale of which the broker must report, to the Internal Revenue Service, the customer's basis and information on whether the sale results in a short-term or long-term gain or loss. This rule applies to certain types of securities, acquired after a specified effective date. The law phases in between January 1, 2011, and January 1, 2013 (or later). The latter category was created in an amendment to section 6045 of the Internal Revenue Code in Section 403 of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephanie Tubbs Jones
Stephanie Tubbs Jones (September 10, 1949 – August 20, 2008)Cleveland Clinic: Rep. Stephanie Tubbs Jones has died , August 21, 2008 was an American politician who served as the for Ohio's 11th congressional district from 1999 until her death in 2008. A member of the |
Cost Basis
Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold, the taxpayer pays/(saves) taxes on a capital gain/(loss) that equals the amount realized on the sale minus the sold property's basis. Cost basis is needed because tax is due based on the gain in value of an asset. For example, if a person buys a rock for $20, and sells the same rock for $20, there is no tax, since there is no profit. If, however, that person buys a rock for $20 and then sells the same rock for $25, then there is a capital gain on the rock of $5, which is thus taxable. The purchase price of $20 is analogous to cost of sales. Typically, capital gains tax is due only when an asset is sold. However the rules for this are very complicated. If tax is paid because the value has increased, the new value will be the cost basis for any future tax. Internal Revenue Service (IRS) Publication 551 contains the IRS's defi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hydro-electric Power
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other Renewable energy, renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of Low-carbon power, low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geothermal Power
Geothermal power is electrical power generated from geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 26 countries,Geothermal Energy AssociationGeothermal Energy: International Market Update May 2010, p. 4-6. while geothermal heating is in use in 70 countries. As of 2019, worldwide geothermal power capacity amounts to 15.4 gigawatts (GW), of which 23.9 percent or 3.68 GW are installed in the United States. International markets grew at an average annual rate of 5 percent over the three years to 2015, and global geothermal power capacity is expected to reach 14.5–17.6 GW by 2020. Based on current geologic knowledge and technology the Geothermal Energy Association (GEA) publicly discloses, the GEA estimates that only 6.9 percent of total global potential has been tapped so far, while the IPCC reported geothermal power potential to be i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Energy
Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include orienting a building to the Sun, selecting materials with favorable thermal mass or light-dispersing properties, and designing spaces that naturally circulate air. The large magnitude of solar energy available makes it a highly appealing source of electricity. In 2020 solar energy has been the cheapest source of Electricity. In Saudi Arabia a power purchase agreemen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wind Power In The United States
Wind power is a branch of the energy industry that has expanded quickly in the United States over the last several years. From January through December 2021, 379.8 terawatt-hours were generated by wind power, or 9.23% of electricity in the United States. The average wind turbine generates enough electricity in 46 minutes to power the average American home for one month. In 2019, wind power surpassed hydroelectric power as the largest renewable energy source in the U.S. As of January 2022, the total installed wind power nameplate generating capacity in the United States was 135,843 megawatts (MW). This capacity is exceeded only by China and the European Union. Thus far, wind power's largest growth in capacity was in 2020, when 16,913 MW of wind power was installed. Following behind it were 2021, during which 13,365 MW were installed, and 2012, which saw the addition of 11,895 MW, representing 26.5% of the new power capacity installed during that year. By September 2019, 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biodiesel
Biodiesel is a form of diesel fuel derived from plants or animals and consisting of long-chain fatty acid esters. It is typically made by chemically reacting lipids such as animal fat (tallow), soybean oil, or some other vegetable oil with an alcohol, producing a methyl, ethyl or propyl ester by the process of transesterification. Unlike the vegetable and waste oils used to fuel converted diesel engines, biodiesel is a drop-in biofuel, meaning it is compatible with existing diesel engines and distribution infrastructure. However, it is usually blended with petrodiesel (typically to less than 10%) since most engines cannot run on pure Biodiesel without modification. Biodiesel blends can also be used as heating oil. The US National Biodiesel Board defines "biodiesel" as a mono-alkyl ester. Blends Blends of biodiesel and conventional hydrocarbon-based diesel are most commonly distributed for use in the retail diesel fuel marketplace. Much of the world uses a system know ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cellulosic Ethanol
Cellulosic ethanol is ethanol (ethyl alcohol) produced from cellulose (the stringy fiber of a plant) rather than from the plant's seeds or fruit. It can be produced from grasses, wood, algae, or other plants. It is generally discussed for use as a biofuel. The carbon dioxide that plants absorb as they grow offsets some of the carbon dioxide emitted when ethanol made from them is burned, so cellulosic ethanol fuel has the potential to have a lower carbon footprint than fossil fuels. Interest in cellulosic ethanol is driven by its potential to replace ethanol made from corn or sugarcane. Since these plants are also used for food products, diverting them for ethanol production can cause food prices to rise; cellulose-based sources, on the other hand, generally do not compete with food, since the fibrous parts of plants are mostly inedible to humans. Another potential advantage is the high diversity and abundance of cellulose sources; grasses, trees and algae are found in almost ever ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Vehicle Weight Rating
Vehicle weight is a measurement of wheeled motor vehicles; either an actual measured weight of the vehicle under defined conditions or a gross weight rating for its weight carrying capacity. Curb or kerb weight Curb weight (U.S. English) or kerb weight (British English) is the total mass of a vehicle with standard equipment and all necessary operating consumables such as motor oil, transmission oil, brake fluid, coolant, air conditioning refrigerant, and sometimes a full tank of fuel, while not loaded with either passengers or cargo. The gross vehicle weight is larger and includes the maximum payload of passengers and cargo. This definition may differ from definitions used by governmental regulatory agencies or other organizations. For example, many European Union manufacturers include the weight of a driver and luggage to follow European Directive 95/48/EC. Organizations may also define curb weight with fixed levels of fuel and other variables to equalize the value for the comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
