ABB_id2059
in News Departments > Policy Watch
print the content item

Sen. Jim DeMint, R-S.C., a conservative lawmaker and vocal opponent of renewable energy, has announced that he will leave the Senate in early January to become president of conservative think tank The Heritage Foundation.

DeMint has sought to repeal all energy-specific tax credits, including those for wind power. Earlier this year, he introduced an amendment to the Surface Transportation Bill that, in addition to eliminating all energy tax credits - including the production tax credit (PTC) - would have made the PTC expire retroactively on Jan. 1, 2012, meaning tax credits already awarded this year would have been repealed.

The Senate defeated DeMint’s amendment, as well as a separate amendment that would have extended the PTC for one year.

DeMint was elected to the U.S. House of Representatives in 1998 and to the U.S. Senate in 2004 and 2010. He is a member of the Joint Economic Committee; the Commerce, Science and Transportation Committee; the Banking, House and Urban Affairs Committee; and the Foreign Relations Committee.

"I'm leaving the Senate now, but I'm not leaving the fight, DeMint said in a statement. “I've decided to join The Heritage Foundation at a time when the conservative movement needs strong leadership in the battle of ideas… My constituents know that being a senator was never going to be my career.”


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015