renewable energy businesses

Wind, Solar Tax Credits Extended in $700 Billion Bail-Out

Wind, Solar Tax Credits Extended in $700 Billion Bail-Out

WASHINGTON, DC, October 3, 2008 (ENS) – Renewable energy businesses are breathing a sigh of relief today as the extension of the production and investment tax credits that benefit their industries were approved by Congress as part of the $700 billion bail-out package for the financial industry. The House of Representatives passed Emergency Economic Stabilization…

Energy Efficiency Hits Brick Wall in Washington

Energy Efficiency Hits Brick Wall in Washington

Energy efficiency and renewable energy strategies seem to take center stage quite often in Washington, yet nothing substantial ever seems to happen. Senate Democrats proposed a package of energy bills but were consistently opposed by most Senate Republicans. The first provision proposed to force electric utilities to generate 15% of their power from wind, solar,…