By Meena Kar
Jan 10, (THAINDIAN NEWS) The American President Barack Obama has some great plans up his sleeve. President Obama has come up with 2.3 billion US dollar tax credits. His earnest effort is a step to combat with the double digit problem of employment in America. The recession blues had their greater effect on people making them disillusioned as to how to earn their living for survival. The American President had unveiled the tax credits plan in a bid to create clean tech jobs and to manufacture the energy goods. It is a great news for Michigan, as a hefty 2.4 million US dollars will be utilized to enhance solar cell and wind turbine production.
The economic stimulus package which was announced last year by the US Congress, the credits are an integral part of that mammoth 787 billion US dollar package. The whooping amount is slated to be properly channelized and used for producing different parts of the solar panels, wind turbines and the other range of products which will be at par with energy-saving technology. President Obama stated that the credits will bridge the clean energy gap that exists between America and the other nations. It would create scope for the creation of new jobs and the problem of unemployment could be done away with. The reduction in the carbon emissions should be achieved and it will enable to strengthen and increase America¡¯s energy security.
The clean energy tax credit plans of President Obama is expected to work for the benefit of people at large. An increase in production will in turn make way for employment.
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