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STATEMENT ON FAILURE OF U.S. SENATE TO OVERCOME FILIBUSTER ON TAX EXTENDER PACKAGE |
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Written by jonathan pitzer
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Monday, 21 July 2008 |
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Following the failure of the U.S. Senate to surmount a filibuster on the House tax extender package including a one-year extension of the production tax credit (PTC), the American Wind Energy Association today released the following statement by Senior Director of Governmental & Public Affairs Gregory Wetstone:
“With 116,000 jobs and nearly $19 billion in investment at risk in the renewable energy industries, the U.S. Senate today again failed to secure the votes needed to extend tax credits for the wind and solar industries, frustrating the desire of millions of Americans across the political spectrum. Renewable energy like wind power can lower home energy bills, strengthen our energy security, create new manufacturing jobs and, perhaps most importantly, reduce global warming pollution even as we meet growing electricity demand. We strongly urge Congressional leaders to move quickly to find another path for a rapid extension of the tax incentives needed to put our nation on the road to a clean and secure energy future. America’s wind industry has a critical role to play as a major source of jobs and growth in a troubled economy, and a readily available part of the global warming solution. However, continuing delay in Congressional action is already taking a toll on American jobs and economic growth, as well as on fledgling efforts to slow global warming.” |