in News Departments > Policy Watch
print the content item

President Obama is calling on Congress to act on what he calls a "To Do List" of bipartisan initiatives designed to create jobs and boost the middle class. Among those initiatives - which Obama presented at the College of Nanoscale Science and Engineering's NanoTech Complex in Albany, N.Y. - is a renewal of the production tax credit (PTC) for wind energy.

As part of a broader goal of "creating jobs by investing in affordable clean energy," Obama urged Congress to extend the PTC as well as the Section 48C clean energy manufacturing tax credit.

"Congress needs to help put America in control of its energy future by passing legislation that will extend the production tax credit to support American jobs and manufacturing alongside an expansion of the 30 percent tax credit to investments in clean energy manufacturing," the White House said in a statement.

The Alliance for Clean Energy New York (ACE NY), a statewide coalition dedicated to promoting clean energy and energy efficiency technologies, welcomed the president’s efforts.

"We applaud President Obama's focus on creating jobs by investing in affordable clean energy and hope Congress heeds his call to pass legislation that will extend the production tax credit and expand the 30 percent tax credit to investments in clean energy manufacturing," said Carol E. Murphy, executive director of ACE NY. "These incentives are just the type of support that is needed to increase American manufacturing jobs and domestic clean energy investment, and will let regions like Tech Valley grow and thrive across the country."



Trachte Inc._id1770
Latest Top Stories

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.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.

Canwea_id1984
Renewable NRG_id1934