in News Departments > New & Noteworthy
print the content item

U.S. Senate Finance Committee Chairman Max Baucus reports that the Senate has voted in favor of the Emergency Economic Stabilization Act of 2008 - a financial rescue plan that will allow the U.S. Treasury to purchase assets threatening the solvency of American financial institutions.

In a last-minute move by proponents of renewable energy tax incentives, the full text of H.R. 6049, as amended by the Senate in September, was added to the rescue plan's legislative vehicle. H.R. 6049 provides for an extension of renewable energy production incentives through Jan. 1, 2010.

The Senate will send the legislation to the House of Representatives for consideration.

SOURCE: Office of Sen. Max Baucus

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

BG 2015DblBox_id2032
Canwea_id1984
Hybrid Energy Innovations 2015
Renewable NRG_id1934