in News Departments > New & Noteworthy
print the content item

The U.S. House of Representatives has approved two energy bills: H.R. 3221: New Direction for Energy Independence, National Security and Consumer Protection Act - passed by a vote of 241-172 - and H.R. 2776: Renewable Energy and Energy Conservation Tax Act of 2007 - passed by a vote of 221-189.

The Udall-Platts amendment to H.R. 3221, adopted by a vote of 220-190, would require utilities to produce 15% of their electricity from renewable energy sources such as wind by 2020. Utilities will be permitted to meet the requirement through the purchase and borrowing of renewable energy credits. Federally owned and municipally owned utilities, as well as rural electric cooperatives, would be exempt from the standard.

H.R. 2776, meanwhile, repeals approximately $16 billion in 2005 tax credits issued to the oil industry and redirects some of the funds toward renewable energy projects.

"I commend the House for passing legislation that will help our nation better secure its energy future," says Jeff Bingaman, D-N.M., chair of the Senate Energy and Natural Resources Committee. "The members who supported those bills were reflecting the consensus of the American public - that we can, and should, do more to help our country become more energy self-reliant."


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015