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HOUSE MEMBERS URGE EXTENSION OF RENEWABLE ENERGY CREDITS BE INCLUDED IN ECONOMIC STIMULUS

Tuesday, January 22, 2008 - 8:00AM

Several members of the House of Representatives last week sent a letter to House Speaker Rep. Nancy Pelosi, D-Calif., asking for inclusion of energy incentives in the economic stimulus plan currently being considered in Congress. The letter encourages the inclusion of a one-year extension of the renewable energy production and investment tax credits as an immediate way to stimulate investment and job creation. “If Congress extended this credit hundreds of millions of dollars would be invested into the economy immediately while creating new jobs,” the letter says. For more information on the early discussions about an economic stimulus package, download today’s Tax Credit Tuesday podcast.

Tune in to next week’s edition for a detailed discussion of what the stimulus legislation could mean for renewable energy tax credits.

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