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Governors' Wind Energy Coalition

February 1, 2012

Baucus urges extension of green tax credits as part of payroll tax package

Elana Schor  •  E&E  •  Posted 2012-02-01 12:48:16

Bipartisan enthusiasm for sweeping tax reform — a task considered nearly impossible to complete before the November elections — should not prevent lawmakers from swiftly extending renewable energy credits, the Senate’s chief tax writer said yesterday. At issue for the Senate Finance Committee are dozens of tax benefits that expired last year, including the research and development credit, as well as a passel more set to run out at the end of this year unless lawmakers act. In that latter group are two credits hotly pursued by alternative energy companies, a production credit used by wind and biomass producers and a 30 percent advanced manufacturing credit. [ read more … ]

Senate Tuesday group has bipartisan energy legislation in its sights

Jean Chemnick  •  E&E  •  Posted 2012-02-01 12:48:37

Senate supporters of efforts to curb carbon dioxide emissions hope to cobble together a package this year that would boost energy efficiency and alternative energy — and can pass the Senate. The group, headed by Sens. John Kerry (D-Mass.) and Barbara Boxer (D-Calif.), revived their Tuesday meetings late last year, and approximately 20 Democrats attend regularly. [ read more … ]

Total wind power growing in Calif.

Anne C. Mulkern  •  E&E  •  Posted 2012-02-01 12:48:53

Wind-generated electricity now makes up 5 percent of California’s power, a trade group said today as it lobbied Congress to extend a tax incentive. Developers added 921 megawatts of wind projects in the Golden State last year, enough to juice more than 400,000 homes, the California Wind Energy Association (CalWEA) said. Wind power capacity in the state now is 3,927 MW, the association said. [ read more … ]

GE sees more short-term wind, solar departures but long-term demand

  •  E&E  •  Posted 2012-02-01 12:49:08

General Electric Co. executives expect more companies to exit the wind and solar power business, but they still see growing long-term demand. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.