Last night, the Senate included the tax credits for renewable energies to the bailout bill, which is expected to be voted on by the Senate tonight and should pass easily. The key is the House vote later on the week. It’s a bold move to include the renewable energy tax credits to a bill that is already standing on shaky legs but this most likely allows the tax credit extension to sneak on through … Read the rest
Tag Archives: senate
Senate Extends Green Energy Tax Credits & Solar Is the Big Winner
News is out that the Senate has extended $18 billion in tax credits for renewable energy sources but it sill needs to be approved by the House which is expected. The energy tax credits are part of a much larger bill, but here is the energy portion:
* Extends for one or two years and expands production tax credits for wind, refined coal, biomass and marine renewables. $5.8 billion.
* Extends through 2016 the investment … Read the rest