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CONGRESSMAN CALLS FOR EXTENSION OF PRODUCTION TAX CREDIT FOR BIOMASS

Thursday, December 3, 2009 - 6:00AM

In a letter to House leadership Rep. Mike Michaud, D-Maine, yesterday called for an extension of the production tax credit for renewable energy at biomass facilities. The tax credit currently goes to facilities that produce electricity using open-loop biomass. Rep. Michaud introduced legislation, H.R. 622, earlier this year to extend and strengthen the tax credit by expanding eligibility to facilities producing renewable biomass electricity that is used on-site. The bill currently has 61 bipartisan cosponsors. Click here for more information about renewable energy tax credit legislation.

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