in News Departments > Policy Watch
print the content item

Sens. John Ensign, R-Nev., and Maria Cantwell, D-Wash., have led a bipartisan group of senators to announce a bill to encourage the development of renewable energy and expand energy efficiency in buildings, homes and appliances.

"We commend Senators Cantwell and Ensign for their leadership in crafting a bipartisan approach to the urgently needed extension of renewable energy tax incentives that are scheduled to expire at the end of this year," says Gregory Wetstone, senior director of governmental and public affairs for the American Wind Energy Association, in a statement about the bill. "We look forward to working with Senators Cantwell and Ensign and other supporters of renewable energy in both the House and Senate to ensure that legislation extending these incentives is passed and signed into law by President Bush."

The Clean Energy Tax Stimulus Act of 2008, authored by Ensign and Cantwell, extends incentives to encourage renewable energy. Extending the placed-in-service deadline through 2009 for the production tax credit (PTC) encourages electricity production using renewable energy resources such as geothermal, wind, biomass and hydropower facilities, according to Ensign’s office.

"Satisfying our energy needs and reducing our reliance on foreign sources is a challenge that we must meet, but that can only happen with the right incentives in place," says Ensign. "Our bipartisan bill will help put us on a path toward energy independence with American ingenuity leading the way."

Ensign and Cantwell's bill has six Democratic co-sponsors and 14 GOP co-sponsors.

A PTC extension has received House approval as part of a separate bill - the Renewable Energy And Energy Conservation Act (H.R.5351). The bill was received in the Senate in late February and referred to the Committee on Finance.



Trachte Inc._id1770
Latest Top Stories

Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.

Renewable NRG_id1934