Part of the LiveOAK Network

About Us:

We are a new media company publishing websites that focus on energy, the environment and sustainable living. By leading the conversation about green issues, LiveOAK aims to advance the principals of sustainability by making them meaningful and accessible to a mainstream audience.

Senate May Vote on Renewables Today [update]

[UPDATE: Two other bills under consideration today, the Consumer First Energy Act which would impose a 'windfall profits tax' on big oil companies, and the Renewable Energy and Job Creation Act both failed to move on. The votes were largely along party lines. Kate Shepard at Grist provides a good review of the two bills in this report.]

As it currently stands, the federal production tax credit (PTC) will expire at the end of 2008. Studies show that 116,000 jobs and more than $19 billion in clean energy investment are at risk from a failure to extend the PTC and other renewable energy tax credits (American Wind Energy Association).

To maintain existing jobs and to continue growing thousands of new jobs, and to avoid the “feast-or-famine” cycles of renewable energy development, it is vital that Congress act quickly to extend the PTC. Read the complete story at Red, Green, & Blue…

Follow this link to contact your Senators and urge them to vote for an extension of the PTC.

  • Share:
  •  
  • More:

This post was written by: Timothy B. Hurst

Tim Hurst is the founder/editor of ecopolitology and executive editor of LiveOAK Media. Tim mostly covers energy and environmental politics, renewable energy and green business; but seems to write more about music festivals in the summer for some reason. When not reading, writing, thinking, or talking about environmental politics to anyone who will listen, Tim likes to ski, hike with his aging labrador, and toil in his Colorado vegetable garden. He's on twitter at @ecopolitologist.

Leave a Reply