SOLAR TODAY Blog


>>Renewable tax credit not dead yet
September 22, 2008, 4:55 pm
Filed under: Policy

Reports surfaced on the web last week that renewable energy tax credits had gotten lost in the shuffle as Congress turned itself inside out on the Wall Street bail-out. Action would be delayed at least until after the election, the reports said.

Maybe not. Wire services reported on Friday that the Senate may vote on Tuesday (or Thursday, depending on whose reporting you read) on its own energy bill. That bill would extend renewable energy tax credits by eight years, but in a compromise to Republicans, apparently won’t pay for them by ending oil industry tax credits, as the House bill does.

We’ll see what happens.

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