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

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965