in News Departments > New & Noteworthy
print the content item

The American Wind Energy Association (AWEA) praised the 236 to 182 vote in the House of Representatives on a bill that includes an extension of the renewable energy production tax credit.

The bill, which would be financed by ending tax incentives for oil and natural gas producers, includes $17 billion in tax credits and other incentives to encourage the production of renewable sources such as wind and solar power.

"[AWEA], on behalf of our more than 1,200 member companies, is grateful to House leadership and the members of the House Ways and Means Committee for moving quickly to extend renewable energy tax incentives," says Gregory Wetstone, senior director of governmental and public affairs. "With 116,000 jobs and $19 billion in clean energy investment at risk from the looming expiration of the widely popular renewable energy tax credits, it is clear that prompt Congressional action on the Renewable Energy and Energy Conservation Tax Act of 2008 is essential to one of the fastest growing areas of the American economy."

Wetstone goes on to say that AWEA will work with wind and solar energy supporters in the Senate to ensure passage of the bill.

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.

Canwea_id1984
Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032