Like everything in life, there are a number of laws that govern the use of both renewable and non-renewable resources. All law is the same really – laws are what are known as the primary authorities such as case law, statutes, rules and regulations. In terms of renewable energy law you may hear about policies or politics of energy, these too will be discussed in detail here.In the U.S. energy is regulated through the United States Department of Energy. The Energy Policy Act of 2005 is a bill that was passed on July 25 2005 and it stated that the country needed to do something about the growing energy problems and the US Energy Policy changed from this point forward. Tax incentives were provided as were loan guarantees for anyone taking part in finding alternative energy sources. The Energy Policy Act is the key piece of renewable energy law.As part of renewable energy law, a production tax credit (PTC) was included in the 2005 cornerstone policy as an incentive for domestic wind power technologies. Investors can claim for 10 years a 1.9-cent-per-kilowatt-our deduction. This is actually one of the things that drove the growth of the wind industry here in the United States. Currently, our wind industry is growing faster than any other developed country. The government included this in the bill because they could see it being effective, but not only has it been effective it has been very low cost as well. A renewable energy law such as this is required in order to boost the renewable energy economy. It is important that the government continues with an incentive such as this so that the industry will continue to grow.Not only did the Energy Policy Act of 2005 allow wind energy to develop, but it also put geothermal power on the map too. As well as having a production tax credit, (PTC) Geothermal power received increased funding and support from a number of federal agencies.In 2007 renewable energy law was discussed in a number of pieces of legislation but nothing was made into a law. At least noise was made, and congress is now aware that legislation will be questioned again. However, further energy bills have been passed since then and they have stated that the Department of Energy will spend no less than $95m annually in research and development into geothermal energy.The renewable energy law also takes marine energy into consideration. Marine energy involves using the power of the waves and the tides to generate electricity. As part of the Energy Policy Act of 2005, the Department of Energy was required to consider ocean energy in its group of alternative energy sources. After this act was passed, the Federal Energy Regulatory Commission (FERC) looked into developing projects involving wave and tidal technology. A number of projects have been started up in the United States the biggest ones being in New York, San Francisco Bay, Rhode Island and Washington State.The great thing about renewable energy law is that it forces congress to do something about alternatives to energy sources. In five years since this bill was passed, there has been so much research and development down into these alternative sources that the general population is considering these options over more traditional fossil fueled power sources.
Posted in Energy
One of the most difficult things for new real estate investor is finding real estate investing deals. In fact, there are some experienced investors that continue to have this problem, even after working at it for several years. Although it can be difficult to find real estate investing deals, it is not entirely impossible.The first thing that investors must do to find deals is lose the mentality that a fairy will allow deals to fall in your lap. Did you notice any deals coming to you before you were an investor? Why should you attract more deals after you start real estate investing? The answer is that you won’t. To find real estate investing deals you have to look for them. Some of the more traditional ways are knocking on doors, which is very effective technique, but you have to either walk from one house to another or hire someone to do it for you. Either way, either you or someone else has to go through a tedious process.One of the more recent, 21st century technique to find real estate investing deals is by using the power of the Internet. The Internet can and will allow you to have motivated seller contacting you instead of you chasing them. So how do you go about doing that? Well, there are several ways to approach this process.One way is to set up an AdWords campaign on Google. AdWords are those tiny ads you see at the top and right sides of your screen when doing searches on Google. People pay certain amount for each ad and Google posts them on each and every single page. There is a lot of different criteria that go into creating a successful AdWords campaign that I just cannot get into it here. It would take me page and pages trying to explain it to you. I do have a valuable Internet resource on my website that is specifically optimized for real estate investors.Try running real estate investing newspaper ads. Many investors don’t purchase ads because they are deemed as being expensive. Think about it like this: all it takes is one real estate investing deal for you to come up with the money to pay for an entire year of ads. Sound better? It should. The best place for your ad is in the “Money To Lend” section of the newspaper. When foreclosure is looming, many homeowners want to borrow the money to save their home. Once you receive a phone call from a potential distressed seller, you can begin working your real estate investing magic.How would you like to find out about an alternate Internet resource that lets you post those same ads for free? Well there is such a resource and many people oversee the power it holds. it is one of the biggest and most popular sites on the Internet and is specifically targeted to your local market. it doesn’t get any easier to find real estate investing deals than this. This free resource
is called craigslist. Just type that into Google and it will be there, trust me. The you just go to your local market and post your ads.Don’t think that because it’s not raining real estate investing deals that there are none out there. There are plenty of deals all around you, you just have to look for them. Until you establish your reputation, you have to do the work it takes to find deals in real estate investing deals. People won’t just bring them to you right off. Do the work that other investors aren’t willing to do. Soon enough you’ll find yourself with more deals than you can handle.