Friday, March 9, 2012

Renewable Energy Production Tax Credit and 1603 Bill

Sen. Debbie Stabenow, D-Mich., has introduced an amendment that would grant a one-year extension of the Production Tax Credit aimed mainly at the wind industry and would for one year revive the recently expired Section 1603 Treasury Grant that had been a boon for the solar industry. It also includes incentives for cellulosic biofuel, biodiesel and renewable diesel.

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