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

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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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