Thursday, June 14, 2007

Renewable Energy News for June 14, 2007

Update on the U.S. Senate Energy Legislation Debate:
  • The Senate approved an amendment to the Clean Energy Act of 2007 (H.R. 6) offered by Senator Bayh (D-IN) which would require "publication and implementation of an action plan to reduce the quantity of oil used annually in the United States." An amendment offered by Senator Inhofe (R-OK), which would have limited environmental review and permitting procedures for domestic refineries, was rejected;
And Here in Vermont, More on the Energy-Efficiency/ Climate-Change Legislation Recently Vetoed by Governor Douglas:
  • Rutland Herald has an op-ed this morning by Vermont Senate Pro Tem Peter Shumlin responding to the Governor's veto and new counter-proposal;
DOE Report on the Domestic Wind Industry:
The data make it clear that consistent federal policy is the key to sustaining this kind of growth, and in particular avoiding the previous situation in which the Production Tax Credit for renewable power was at risk of expiring nearly every year, and periodically did. The Energy Policy Act of 2005 provided a two year extension of the PTC, and the Tax Relief and Health Care Act of 2006 tacked on an extra year, through the end of 2008. A permanent extension of the PTC, even one that included a gradual phaseout of the benefit, would put wind on an equal footing with conventional power and support the growth of domestic wind turbine manufacturing. The proliferation of state Renewable Portfolio Standards (RPS) and the prospect of a national RPS from pending energy legislation are also helping to expand the market for wind.

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