An Update on the Renewable Energy and Energy Efficiency Tax Credits (H.R. 5984, H.R. 6049, and S. 2821)--Rejected, but...
Posted by Prof. Goose on June 11, 2008 - 10:05am
The Senate today rejected the part of House bill H.R. 6049 that would have extended the renewable energy and energy efficiency tax credits that would otherwise expire at the end of this year. (Vote lists under the fold).
However, this is NOT the LAST potential opportunity for this Congress to extend the renewable energy and energy efficiency tax credits which will otherwise expire at the end of 2008. More under the fold.
The Senate, as it has once before, could attach an amendment to the pending Conference Report for the Housing mortgage foreclosure bill. The Senate previously voted 88-8 to attach the bipartisan Cantwell-Ensign S. 2821 bill to the housing bill (vote tally and cosponsors attached). That amendment was stripped from the bill by House leaders before approval by the House of H.R. 6049. An identical House companion to S. 2821, H.R. 5984, has been introduced by Congressman Roscoe Bartlett. It has 75 bipartisan cosponsors but has not yet been permitted to come to a vote (cosponsor list attached at bottom of post).
We encourage you to call your congressperson to tell them how you feel about this measure. To get the numbers of your senators or house members, go to http://www.senate.gov and http://www.house.gov. More information about the legislation, sponsors, and votes under the fold.
Maintaining consistent incentives for renewable energy policy will free up American businesses to do what they do best, (innovate), and that will result in American ownership of the Intellectual Property rather than German or Japanese or Chinese companies. More domestic production of energy will also reduce reliance upon foreign energy sources.
An independent study by Navigant found that “112,000 jobs in the wind and solar industries (78,000 wind, 34,000 solar) and $19 billion in investment” are at risk over the next 6-8 months in the United States f the renewable energy tax credits are allowed to expire. http://www.seia.org/Navigant_Tax_Credit_Impact.pdf
Attached document includes:
I. Summary of provisions in The Clean Energy Tax Stimulus Act of 2008 - S. 2821/H.R. 5984
Purpose: To provide for the limited continuation of clean energy production incentives and incentives to improve energy efficiency in order to prevent a downturn in these sectors that would result from a lapse in the tax law.
Title I – Extension of Clean Energy Production Incentives
Section 101. Extension and modification of the renewable energy production tax credit (IRC Section 45).
Section 102. Extension and modification of the solar energy and fuel cell investment tax credit (“ITC”) (IRC Section 48).
Section 103. Extension and modification of the residential energy-efficient property credit (IRC Section 25D).
Section 104. Clean Renewable Energy Bonds (“CREBs”) (IRC Section 54).
Section 105. Extension of the special rule to implement FERC restructuring policy (IRC section 451(i)).
Title II – Extension of Incentives to Improve Energy Efficiency
Section 201. Extension and modification of the credit for energy-efficiency improvements to existing homes (IRC section 25C).
Section 202. Extension of the tax credit for energy-efficient new homes (IRC section 45L).
Section 203. Extension of the energy-efficient commercial buildings deduction (IRC section 179D).
Section 204. Modification and extension of the energy-efficient appliance credit (IRC section 45M).
II. House Cosponsors of H.R. 5984 - Clean Energy Tax Stimulus Act of 2008
III. Senate Cosponsors of S. 2821 - Clean Energy Tax Stimulus Act of 2008
IV. Tally of Senate 88-8 Vote to add the Clean Energy Tax Stimulus Act of 2008 to the housing mortgage foreclosure bill
V. House Cosponsors of H.R.197 that would extend for 5-years the tax credits for electricity produced from certain renewable energy sources.
Background:
Link below to Baltimore Examiner Op Ed by Rep. Roscoe Bartlett
http://www.examiner.com/a-1399616~Roscoe_G__Bartlett__Congressional_dela...
pdf version: http://bapaper.examiner.com/edition/carroll/?haspdf=1
The Baltimore Examiner
May 20, 2008
# 309 of 7,578
Commentary - Roscoe G. Bartlett: Congressional delays hobble renewable energy
Excerpt:
You might think that with oil over $125 per barrel and gasoline fast approaching $4 a gallon, it’s a no-brainer that…tax credits for clean, renewable domestic energy production would be extended. You would be wrong. House members could compromise and support H.R. 5984, which has already been approved 88-8 by the Senate. Shouldn’t that be a no-brainer?
II. Cosponsors of H.R. 5984 - Clean Energy Tax Stimulus Act of 2008
H.R.5984 [110th]
Title:Clean Energy Tax Stimulus Act of 2008
Sponsor: Rep Bartlett, Roscoe G. [R-MD-6] (introduced 5/7/2008) Cosponsors: 75
Committees: House Ways and Means
Related Bills: S.2821
Latest Major Action: 5/7/2008 Referred to House committee. Status: Referred to the House Committee on Ways and Means.
COSPONSORS, ALPHABETICAL [* = original cosponsor]: (Change sort: by date, by party)
Cosponsor Statistics: 75 current (includes 33 original)
Rep Blackburn, Marsha [R-TN-7] - 5/7/2008 *
Rep Blunt, Roy [R-MO-7] - 5/7/2008 *
Rep Bono Mack, Mary [R-CA-45] - 5/14/2008
Rep Boustany, Charles W., Jr. [R-LA-7] - 5/7/2008 *
Rep Burgess, Michael C. [R-TX-26] - 6/4/2008
Rep Burton, Dan [R-IN-5] - 5/19/2008
Rep Calvert, Ken [R-CA-44] - 5/7/2008 *
Rep Camp, Dave [R-MI-4] - 5/21/2008
Rep Cantor, Eric [R-VA-7] - 5/21/2008
Rep Castle, Michael N. [R-DE] - 5/14/2008
Rep Courtney, Joe [D-CT-2] - 5/7/2008 *
Rep Cubin, Barbara [R-WY] - 6/3/2008
Rep Davis, David [R-TN-1] - 5/7/2008 *
Rep Dent, Charles W. [R-PA-15] - 5/7/2008 *
Rep Diaz-Balart, Mario [R-FL-25] - 5/7/2008 *
Rep Doolittle, John T. [R-CA-4] - 5/7/2008 *
Rep Dreier, David [R-CA-26] - 5/21/2008
Rep Duncan, John J., Jr. [R-TN-2] - 5/7/2008 *
Rep Ehlers, Vernon J. [R-MI-3] - 5/7/2008 *
Rep English, Phil [R-PA-3] - 5/21/2008
Rep Everett, Terry [R-AL-2] - 6/3/2008
Rep Fallin, Mary [R-OK-5] - 5/7/2008 *
Rep Forbes, J. Randy [R-VA-4] - 5/8/2008
Rep Franks, Trent [R-AZ-2] - 5/21/2008
Rep Frelinghuysen, Rodney P. [R-NJ-11] - 5/7/2008 *
Rep Garrett, Scott [R-NJ-5] - 6/3/2008
Rep Gerlach, Jim [R-PA-6] - 5/7/2008 *
Rep Gilchrest, Wayne T. [R-MD-1] - 5/7/2008 *
Rep Gingrey, Phil [R-GA-11] - 5/7/2008 *
Rep Hayes, Robin [R-NC-8] - 5/21/2008
Rep Heller, Dean [R-NV-2] - 5/14/2008
Rep Herger, Wally [R-CA-2] - 5/7/2008 *
Rep Hoekstra, Peter [R-MI-2] - 6/4/2008
Rep Inglis, Bob [R-SC-4] - 6/3/2008
Rep Johnson, Timothy V. [R-IL-15] - 5/7/2008 *
Rep Jones, Walter B., Jr. [R-NC-3] - 5/7/2008 *
Rep Kingston, Jack [R-GA-1] - 5/21/2008
Rep Kirk, Mark Steven [R-IL-10] - 5/7/2008 *
Rep Kuhl, John R. "Randy", Jr. [R-NY-29] - 6/4/2008
Rep LaHood, Ray [R-IL-18] - 6/3/2008
Rep LaTourette, Steven C. [R-OH-14] - 5/7/2008 *
Rep Lewis, Jerry [R-CA-41] - 6/3/2008
Rep Lewis, Ron [R-KY-2] - 5/14/2008
Rep McCaul, Michael T. [R-TX-10] - 5/21/2008
Rep McCotter, Thaddeus G. [R-MI-11] - 5/7/2008 *
Rep McMorris Rodgers, Cathy [R-WA-5] - 5/21/2008
Rep Musgrave, Marilyn N. [R-CO-4] - 5/13/2008
Rep Myrick, Sue Wilkins [R-NC-9] - 5/7/2008 *
Rep Neugebauer, Randy [R-TX-19] - 6/4/2008
Rep Paul, Ron [R-TX-14] - 5/13/2008
Rep Pearce, Stevan [R-NM-2] - 6/3/2008
Rep Pence, Mike [R-IN-6] - 5/7/2008 *
Rep Petri, Thomas E. [R-WI-6] - 5/7/2008 *
Rep Pitts, Joseph R. [R-PA-16] - 5/7/2008 *
Rep Platts, Todd Russell [R-PA-19] - 5/21/2008
Rep Porter, Jon C. [R-NV-3] - 5/19/2008
Rep Radanovich, George [R-CA-19] - 5/19/2008
Rep Regula, Ralph [R-OH-16] - 5/21/2008
Rep Reichert, David G. [R-WA-8] - 5/7/2008 *
Rep Rogers, Mike J. [R-MI-8] - 5/21/2008
Rep Roskam, Peter J. [R-IL-6] - 5/7/2008 *
Rep Schmidt, Jean [R-OH-2] - 6/3/2008
Rep Shadegg, John B. [R-AZ-3] - 5/8/2008
Rep Shimkus, John [R-IL-19] - 5/7/2008 *
Rep Smith, Adrian [R-NE-3] - 6/5/2008
Rep Souder, Mark E. [R-IN-3] - 5/8/2008
Rep Terry, Lee [R-NE-2] - 5/13/2008
Rep Tiahrt, Todd [R-KS-4] - 5/7/2008 *
Rep Tiberi, Patrick J. [R-OH-12] - 6/4/2008
Rep Upton, Fred [R-MI-6] - 5/7/2008 *
Rep Wamp, Zach [R-TN-3] - 5/7/2008 *
Rep Weldon, Dave [R-FL-15] - 5/7/2008 *
Rep Wittman, Robert J. [R-VA-1] - 6/3/2008
Rep Young, C.W. Bill [R-FL-10] - 6/3/2008
Rep Young, Don [R-AK] - 5/21/2008
III. Senate Cosponsors of S. 2821 - Clean Energy Tax Stimulus Act of 2008
Sen Bayh, Evan [D-IN] - 4/7/2008
Sen Biden, Joseph R., Jr. [D-DE] - 4/3/2008 *
Sen Boxer, Barbara [D-CA] - 4/3/2008 *
Sen Brown, Sherrod [D-OH] - 4/8/2008
Sen Cardin, Benjamin L. [D-MD] - 4/9/2008
Sen Dodd, Christopher J. [D-CT] - 4/3/2008 *
Sen Feinstein, Dianne [D-CA] - 4/3/2008 *
Sen Johnson, Tim [D-SD] - 4/4/2008
Sen Klobuchar, Amy [D-MN] - 4/3/2008 *
Sen Landrieu, Mary L. [D-LA] - 4/4/2008
Sen Lautenberg, Frank R. [D-NJ] - 4/7/2008
Sen Levin, Carl [D-MI] - 4/7/2008
Sen Menendez, Robert [D-NJ] - 4/4/2008
Sen Murray, Patty [D-WA] - 4/7/2008
Sen Salazar, Ken [D-CO] - 4/3/2008 *
Sen Schumer, Charles E. [D-NY] - 4/3/2008 *
Sen Stabenow, Debbie [D-MI] - 4/3/2008 *
Sen Allard, Wayne [R-CO] - 4/3/2008 *
Sen Barrasso, John [R-WY] - 4/9/2008
Sen Burr, Richard [R-NC] - 4/4/2008
Sen Coleman, Norm [R-MN] - 4/3/2008 *
Sen Collins, Susan M. [R-ME] - 4/3/2008 *
Sen Cornyn, John [R-TX] - 4/3/2008 *
Sen Craig, Larry E. [R-ID] - 4/3/2008 *
Sen Dole, Elizabeth [R-NC] - 4/3/2008 *
Sen Domenici, Pete V. [R-NM] - 4/3/2008 *
Sen Ensign, John [R-NV] - 4/3/2008 *
Sen Enzi, Michael B. [R-WY] - 4/4/2008
Sen Graham, Lindsey [R-SC] - 4/3/2008 *
Sen Grassley, Chuck [R-IA] - 4/10/2008
Sen Hatch, Orrin G. [R-UT] - 4/3/2008 *
Sen Hutchison, Kay Bailey [R-TX] - 4/3/2008 *
Sen Martinez, Mel [R-FL] - 4/3/2008 *
Sen Murkowski, Lisa [R-AK] - 4/3/2008 *
Sen Roberts, Pat [R-KS] - 4/3/2008 *
Sen Smith, Gordon H. [R-OR] - 4/3/2008 *
Sen Snowe, Olympia J. [R-ME] - 4/3/2008 *
Sen Stevens, Ted [R-AK] - 4/3/2008 *
Sen Sununu, John E. [R-NH] - 4/3/2008 *
Sen Thune, John [R-SD] - 4/3/2008 *
Sen Warner, John [R-VA] - 4/8/2008
Sen Sanders, Bernard [I-VT] - 4/3/2008 *
Sen Lieberman, Joseph I. [ID-CT] - 4/7/2008
IV. Tally of Senate 88-8 Vote to add the Clean Energy Tax Stimulus Act of 2008 to the housing mortgage foreclosure bill
United States Senate
110th Congress, Second Session
Roll Call vote #95
April 10, 2008
On the Amendment S.Amdt. 4419
Agreed to
Ensign Amdt. No. 4419; To amend the Internal Revenue Code of 1986 to provide for the limited continuation of clean energy production incentives and incentives to improve energy efficiency in order to prevent a downturn in these sectors that would result from a lapse in the tax law. Text identical to S. 2821.
Vote Counts:
YEAs
88
NAYs
8
Not Voting
4
Grouped By Vote Position
YEAs ---88
Akaka (D-HI)
Allard (R-CO)
Barrasso (R-WY)
Baucus (D-MT)
Bayh (D-IN)
Bennett (R-UT)
Biden (D-DE)
Bingaman (D-NM)
Bond (R-MO)
Boxer (D-CA)
Brown (D-OH)
Brownback (R-KS)
Burr (R-NC)
Cantwell (D-WA)
Cardin (D-MD)
Casey (D-PA)
Chambliss (R-GA)
Coburn (R-OK)
Cochran (R-MS)
Coleman (R-MN)
Collins (R-ME)
Conrad (D-ND)
Corker (R-TN)
Cornyn (R-TX)
Craig (R-ID)
Crapo (R-ID)
DeMint (R-SC)
Domenici (R-NM)
Dorgan (D-ND)
Durbin (D-IL)
Ensign (R-NV)
Enzi (R-WY)
Feingold (D-WI)
Feinstein (D-CA)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagel (R-NE)
Harkin (D-IA)
Hatch (R-UT)
Hutchison (R-TX)
Inhofe (R-OK)
Inouye (D-HI)
Isakson (R-GA)
Johnson (D-SD)
Kennedy (D-MA)
Kerry (D-MA)
Klobuchar (D-MN)
Kohl (D-WI)
Landrieu (D-LA)
Lautenberg (D-NJ)
Leahy (D-VT)
Levin (D-MI)
Lieberman (ID-CT)
Lincoln (D-AR)
Lugar (R-IN)
Martinez (R-FL)
McCaskill (D-MO)
McConnell (R-KY)
Menendez (D-NJ)
Mikulski (D-MD)
Murkowski (R-AK)
Murray (D-WA)
Nelson (D-FL)
Nelson (D-NE)
Pryor (D-AR)
Reed (D-RI)
Reid (D-NV)
Roberts (R-KS)
Rockefeller (D-WV)
Salazar (D-CO)
Sanders (I-VT)
Schumer (D-NY)
Shelby (R-AL)
Smith (R-OR)
Snowe (R-ME)
Specter (R-PA)
Stabenow (D-MI)
Stevens (R-AK)
Sununu (R-NH)
Tester (D-MT)
Thune (R-SD)
Vitter (R-LA)
Warner (R-VA)
Webb (D-VA)
Whitehouse (D-RI)
Wicker (R-MS)
Wyden (D-OR)
NAYs ---8
Alexander (R-TN)
Bunning (R-KY)
Byrd (D-WV)
Carper (D-DE)
Dodd (D-CT)
Kyl (R-AZ)
Sessions (R-AL)
Voinovich (R-OH)
Not Voting - 4
Clinton (D-NY)
Dole (R-NC)
McCain (R-AZ)
Obama (D-IL)
Grouped by Home State
Alabama:
Sessions (R-AL), Nay
Shelby (R-AL), Yea
Alaska:
Murkowski (R-AK), Yea
Stevens (R-AK), Yea
Arizona:
Kyl (R-AZ), Nay
McCain (R-AZ), Not Voting
Arkansas:
Lincoln (D-AR), Yea
Pryor (D-AR), Yea
California:
Boxer (D-CA), Yea
Feinstein (D-CA), Yea
Colorado:
Allard (R-CO), Yea
Salazar (D-CO), Yea
Connecticut:
Dodd (D-CT), Nay
Lieberman (ID-CT), Yea
Delaware:
Biden (D-DE), Yea
Carper (D-DE), Nay
Florida:
Martinez (R-FL), Yea
Nelson (D-FL), Yea
Georgia:
Chambliss (R-GA), Yea
Isakson (R-GA), Yea
Hawaii:
Akaka (D-HI), Yea
Inouye (D-HI), Yea
Idaho:
Craig (R-ID), Yea
Crapo (R-ID), Yea
Illinois:
Durbin (D-IL), Yea
Obama (D-IL), Not Voting
Indiana:
Bayh (D-IN), Yea
Lugar (R-IN), Yea
Iowa:
Grassley (R-IA), Yea
Harkin (D-IA), Yea
Kansas:
Brownback (R-KS), Yea
Roberts (R-KS), Yea
Kentucky:
Bunning (R-KY), Nay
McConnell (R-KY), Yea
Louisiana:
Landrieu (D-LA), Yea
Vitter (R-LA), Yea
Maine:
Collins (R-ME), Yea
Snowe (R-ME), Yea
Maryland:
Cardin (D-MD), Yea
Mikulski (D-MD), Yea
Massachusetts:
Kennedy (D-MA), Yea
Kerry (D-MA), Yea
Michigan:
Levin (D-MI), Yea
Stabenow (D-MI), Yea
Minnesota:
Coleman (R-MN), Yea
Klobuchar (D-MN), Yea
Mississippi:
Cochran (R-MS), Yea
Wicker (R-MS), Yea
Missouri:
Bond (R-MO), Yea
McCaskill (D-MO), Yea
Montana:
Baucus (D-MT), Yea
Tester (D-MT), Yea
Nebraska:
Hagel (R-NE), Yea
Nelson (D-NE), Yea
Nevada:
Ensign (R-NV), Yea
Reid (D-NV), Yea
New Hampshire:
Gregg (R-NH), Yea
Sununu (R-NH), Yea
New Jersey:
Lautenberg (D-NJ), Yea
Menendez (D-NJ), Yea
New Mexico:
Bingaman (D-NM), Yea
Domenici (R-NM), Yea
New York:
Clinton (D-NY), Not Voting
Schumer (D-NY), Yea
North Carolina:
Burr (R-NC), Yea
Dole (R-NC), Not Voting
North Dakota:
Conrad (D-ND), Yea
Dorgan (D-ND), Yea
Ohio:
Brown (D-OH), Yea
Voinovich (R-OH), Nay
Oklahoma:
Coburn (R-OK), Yea
Inhofe (R-OK), Yea
Oregon:
Smith (R-OR), Yea
Wyden (D-OR), Yea
Pennsylvania:
Casey (D-PA), Yea
Specter (R-PA), Yea
Rhode Island:
Reed (D-RI), Yea
Whitehouse (D-RI), Yea
South Carolina:
DeMint (R-SC), Yea
Graham (R-SC), Yea
South Dakota:
Johnson (D-SD), Yea
Thune (R-SD), Yea
Tennessee:
Alexander (R-TN), Nay
Corker (R-TN), Yea
Texas:
Cornyn (R-TX), Yea
Hutchison (R-TX), Yea
Utah:
Bennett (R-UT), Yea
Hatch (R-UT), Yea
Vermont:
Leahy (D-VT), Yea
Sanders (I-VT), Yea
Virginia:
Warner (R-VA), Yea
Webb (D-VA), Yea
Washington:
Cantwell (D-WA), Yea
Murray (D-WA), Yea
West Virginia:
Byrd (D-WV), Nay
Rockefeller (D-WV), Yea
Wisconsin:
Feingold (D-WI), Yea
Kohl (D-WI), Yea
Wyoming:
Barrasso (R-WY), Yea
Enzi (R-WY), Yea
V. House Cosponsors of H.R.197 that would extend for 5-years the tax credits for electricity produced from certain renewable energy sources.
To amend the Internal Revenue Code of 1986 to provide a 5-year extension of the credit for electricity produced from certain renewable resources. (Introduced in House)
HR 197 IH
H.R.197 [110th]
Title:To amend the Internal Revenue Code of 1986 to provide a 5-year extension of the credit for electricity produced from certain renewable resources.
Sponsor: Rep Pomeroy, Earl [D-ND] (introduced 1/4/2007) Cosponsors: 134
Committees: House Ways and Means
Latest Major Action: 1/4/2007 Referred to House committee. Status: Referred to the House Committee on Ways and Means.
Full Text:
110th CONGRESS
1st Session
H. R. 197
To amend the Internal Revenue Code of 1986 to provide a 5-year extension of the credit for electricity produced from certain renewable resources.
IN THE HOUSE OF REPRESENTATIVES
January 4, 2007
Mr. POMEROY (for himself, Mr. RAMSTAD, Mr. UDALL of Colorado, and Mr. WAMP) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide a 5-year extension of the credit for electricity produced from certain renewable resources.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. 5-YEAR EXTENSION OF CREDIT FOR ELECTRICITY PRODUCED FROM CERTAIN RENEWABLE RESOURCES.
Section 45(d) of the Internal Revenue Code of 1986 (relating to qualified facilities) is amended by striking `2009' each place it appears and inserting `2014'.
COSPONSORS, BY PARTY [* = original cosponsor]: (Change sort: by alphabetical, by date)
Cosponsor Statistics: 134 current (includes 3 original)
Rep Abercrombie, Neil [D-HI-1] - 1/24/2007
Rep Arcuri, Michael A. [D-NY-24] - 5/3/2007
Rep Baird, Brian [D-WA-3] - 1/24/2007
Rep Baldwin, Tammy [D-WI-2] - 2/12/2007
Rep Berkley, Shelley [D-NV-1] - 1/24/2007
Rep Berman, Howard L. [D-CA-28] - 5/1/2007
Rep Blumenauer, Earl [D-OR-3] - 1/12/2007
Rep Boswell, Leonard L. [D-IA-3] - 2/12/2007
Rep Boyda, Nancy E. [D-KS-2] - 3/19/2007
Rep Butterfield, G. K. [D-NC-1] - 1/24/2007
Rep Capps, Lois [D-CA-23] - 4/16/2007
Rep Cleaver, Emanuel [D-MO-5] - 2/6/2007
Rep Cohen, Steve [D-TN-9] - 5/3/2007
Rep Conyers, John, Jr. [D-MI-14] - 3/5/2007
Rep Courtney, Joe [D-CT-2] - 5/3/2007
Rep Davis, Susan A. [D-CA-53] - 3/5/2007
Rep DeFazio, Peter A. [D-OR-4] - 1/24/2007
Rep DeGette, Diana [D-CO-1] - 2/8/2007
Rep Delahunt, William D. [D-MA-10] - 5/1/2007
Rep Donnelly, Joe [D-IN-2] - 5/8/2007
Rep Doyle, Michael F. [D-PA-14] - 5/8/2007
Rep Ellsworth, Brad [D-IN-8] - 1/29/2008
Rep Farr, Sam [D-CA-17] - 3/5/2007
Rep Filner, Bob [D-CA-51] - 1/24/2007
Rep Frank, Barney [D-MA-4] - 5/1/2007
Rep Giffords, Gabrielle [D-AZ-8] - 2/16/2007
Rep Gillibrand, Kirsten E. [D-NY-20] - 1/24/2007
Rep Gordon, Bart [D-TN-6] - 5/8/2007
Rep Grijalva, Raul M. [D-AZ-7] - 2/16/2007
Rep Harman, Jane [D-CA-36] - 5/8/2007
Rep Herseth Sandlin, Stephanie [D-SD] - 5/1/2007
Rep Higgins, Brian [D-NY-27] - 5/1/2007
Rep Hinojosa, Ruben [D-TX-15] - 1/24/2007
Rep Hirono, Mazie K. [D-HI-2] - 1/24/2007
Rep Holt, Rush D. [D-NJ-12] - 1/24/2007
Rep Honda, Michael M. [D-CA-15] - 1/31/2007
Rep Hooley, Darlene [D-OR-5] - 3/5/2007
Rep Inslee, Jay [D-WA-1] - 4/18/2007
Rep Israel, Steve [D-NY-2] - 3/5/2007
Rep Johnson, Eddie Bernice [D-TX-30] - 6/7/2007
Rep Jones, Stephanie Tubbs [D-OH-11] - 3/7/2007
Rep Kagen, Steve [D-WI-8] - 3/5/2007
Rep Kaptur, Marcy [D-OH-9] - 4/24/2007
Rep Kind, Ron [D-WI-3] - 4/18/2007
Rep Kucinich, Dennis J. [D-OH-10] - 1/31/2007
Rep Langevin, James R. [D-RI-2] - 3/7/2007
Rep Larson, John B. [D-CT-1] - 5/1/2007
Rep Lewis, John [D-GA-5] - 2/12/2007
Rep Lipinski, Daniel [D-IL-3] - 1/24/2007
Rep Loebsack, David [D-IA-2] - 5/15/2007
Rep Lofgren, Zoe [D-CA-16] - 5/15/2007
Rep Maloney, Carolyn B. [D-NY-14] - 3/5/2007
Rep Markey, Edward J. [D-MA-7] - 5/1/2007
Rep Matsui, Doris O. [D-CA-5] - 1/24/2007
Rep McCarthy, Carolyn [D-NY-4] - 3/5/2007
Rep McCollum, Betty [D-MN-4] - 1/24/2007
Rep McDermott, Jim [D-WA-7] - 1/12/2007
Rep McNerney, Jerry [D-CA-11] - 2/6/2007
Rep Meehan, Martin T. [D-MA-5] - 6/14/2007
Rep Miller, Brad [D-NC-13] - 1/24/2007
Rep Miller, George [D-CA-7] - 5/15/2007
Rep Mitchell, Harry E. [D-AZ-5] - 5/24/2007
Rep Moore, Dennis [D-KS-3] - 2/12/2007
Rep Moran, James P. [D-VA-8] - 2/6/2007
Rep Murphy, Patrick J. [D-PA-8] - 2/6/2007
Rep Oberstar, James L. [D-MN-8] - 3/19/2007
Rep Olver, John W. [D-MA-1] - 5/15/2007
Rep Perlmutter, Ed [D-CO-7] - 1/24/2007
Rep Peterson, Collin C. [D-MN-7] - 1/31/2007
Rep Rodriguez, Ciro D. [D-TX-23] - 4/16/2007
Rep Ross, Mike [D-AR-4] - 1/24/2007
Rep Rothman, Steven R. [D-NJ-9] - 7/19/2007
Rep Sanchez, Loretta [D-CA-47] - 5/8/2007
Rep Schiff, Adam B. [D-CA-29] - 1/24/2007
Rep Sestak, Joe [D-PA-7] - 6/14/2007
Rep Shea-Porter, Carol [D-NH-1] - 1/31/2007
Rep Smith, Adam [D-WA-9] - 4/24/2007
Rep Snyder, Vic [D-AR-2] - 9/6/2007
Rep Sutton, Betty [D-OH-13] - 1/24/2007
Rep Tauscher, Ellen O. [D-CA-10] - 5/1/2007
Rep Tierney, John F. [D-MA-6] - 5/3/2007
Rep Udall, Mark [D-CO-2] - 1/4/2007 *
Rep Van Hollen, Chris [D-MD-8] - 2/16/2007
Rep Walz, Timothy J. [D-MN-1] - 2/7/2008
Rep Waxman, Henry A. [D-CA-30] - 4/24/2007
Rep Wexler, Robert [D-FL-19] - 5/3/2007
Rep Woolsey, Lynn C. [D-CA-6] - 5/1/2007
Rep Wu, David [D-OR-1] - 4/16/2007
Rep Bachmann, Michele [R-MN-6] - 4/3/2008
Rep Bartlett, Roscoe G. [R-MD-6] - 1/24/2007
Rep Biggert, Judy [R-IL-13] - 5/24/2007
Rep Boozman, John [R-AR-3] - 1/31/2007
Rep Cubin, Barbara [R-WY] - 5/15/2007
Rep Diaz-Balart, Lincoln [R-FL-21] - 1/31/2007
Rep Drake, Thelma D. [R-VA-2] - 5/1/2007
Rep Ehlers, Vernon J. [R-MI-3] - 1/24/2007
Rep Emerson, Jo Ann [R-MO-8] - 5/8/2007
Rep English, Phil [R-PA-3] - 1/24/2007
Rep Fortenberry, Jeff [R-NE-1] - 7/19/2007
Rep Gilchrest, Wayne T. [R-MD-1] - 5/3/2007
Rep Goode, Virgil H., Jr. [R-VA-5] - 1/24/2007
Rep Graves, Sam [R-MO-6] - 3/5/2007
Rep Jindal, Bobby [R-LA-1] - 6/15/2007
Rep Kirk, Mark Steven [R-IL-10] - 1/24/2007
Rep Kline, John [R-MN-2] - 4/18/2007
Rep Kuhl, John R. "Randy", Jr. [R-NY-29] - 1/24/2007
Rep Latham, Tom [R-IA-4] - 4/19/2007
Rep LaTourette, Steven C. [R-OH-14] - 5/24/2007
Rep Lewis, Ron [R-KY-2] - 2/12/2007
Rep LoBiondo, Frank A. [R-NJ-2] - 2/8/2007
Rep Lucas, Frank D. [R-OK-3] - 1/24/2007
Rep Manzullo, Donald A. [R-IL-16] - 2/8/2007
Rep McCarthy, Kevin [R-CA-22] - 4/24/2007
Rep McCaul, Michael T. [R-TX-10] - 2/6/2007
Rep McCotter, Thaddeus G. [R-MI-11] - 1/24/2007
Rep McHugh, John M. [R-NY-23] - 1/24/2007
Rep Miller, Jeff [R-FL-1] - 1/31/2007
Rep Murphy, Tim [R-PA-18] - 9/6/2007
Rep Musgrave, Marilyn N. [R-CO-4] - 3/19/2007
Rep Paul, Ron [R-TX-14] - 5/1/2007
Rep Petri, Thomas E. [R-WI-6] - 3/7/2007
Rep Platts, Todd Russell [R-PA-19] - 5/21/2007
Rep Ramstad, Jim [R-MN-3] - 1/4/2007 *
Rep Reichert, David G. [R-WA-8] - 2/8/2007
Rep Shays, Christopher [R-CT-4] - 3/5/2007
Rep Simpson, Michael K. [R-ID-2] - 3/19/2007
Rep Smith, Adrian [R-NE-3] - 6/22/2007
Rep Terry, Lee [R-NE-2] - 1/24/2007
Rep Thornberry, Mac [R-TX-13] - 2/28/2008
Rep Walberg, Timothy [R-MI-7] - 4/18/2007
Rep Walden, Greg [R-OR-2] - 4/16/2007
Rep Wamp, Zach [R-TN-3] - 1/4/2007 *
Rep Weller, Jerry [R-IL-11] - 1/24/2007
Rep Young, Don [R-AK] - 4/19/2007
An Update on the Renewable Energy and Energy Efficiency Tax Credits (H.R. 5984, H.R. 6049, and S. 2821)--Rejected, but...
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15 comments
An Update on the Renewable Energy and Energy Efficiency Tax Credits (H.R. 5984, H.R. 6049, and S. 2821)--Rejected, but...
PDF version
15 comments
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I'm a little concerned at the way that you're putting this measure forwards with the claimed intent of ending up with US ownership of important intellectual property for carbon reduction. The people who need the carbon reduction technology are the Chinese, the Indians and particularly the Russians, the last thing they're going to want to do is pay patent fees for it, and 'we wish to compel you to install this technology for which you will have to pay us' is unlikely to be a line of negotiation which the Zhongnanhai, the Bhārat Sarkār or the Kremlin will follow happily.
To keep the ice-caps from melting and the seas from flooding, we need options much more like having the West pay the Chinese to build carbon-reduction-equipment factories, whose output we will pay to install on their power stations. It's another large transfer payment to China, but what's one among so many?
If you are trying to influence Europeans, flatter them by telling them what they do will make a difference to saving the planet.
If you are trying to influence Americans, tell them it will make them money.
Mabey I am just getting cynical in my old age...
You raise a fair concern. However, I wanted to inject some Realpolitik into our understanding of (mostly US) politics and policy discussions. I am not advocating a position on this legislation--it is more that I am bringing you a story about how domestic renewable incentives (a good thing for many in my estimation) can be conflated with IP concerns (a good thing for a few). Just the fact that the two are tied up together is fascinating to me from a framing point of view...politics, she is a complex beast.
If we cannot find a way to come together to incentivise wise steps for our future with the evidence about our future that we have right now, well, it makes me shudder...
I wholeheartedly support the legislation and contacted my representatives to express my support for both the renewable energy and energy efficiency tax credits.
John Warner R VA Senate
Jim Webb D VA Senate
Robert C Scott D VA House
US ownership of important intellectual property
Property de la Intellectual ya say?
http://www.govtrack.us/congress/billtext.xpd?bill=h110-4279
So ya all might wanna look over your machines/media and make sure its purged of that nasty unlicensed IP if this gets passed. Your concern over IP may get negated if enough people are fined into non-existance when protecting IP in the US of A.
Nice work, Prof G, thanks for giving this some space. Many TOD may still be confused, there have been a number of bills from both Senate and House for extension of investment tax credits beyond Dec 31 2008, each with a different twist.
Questions for anyone out there:
S.2821 passed 88-8 with bipartisan sponsorship
H.R.5984 (Bartlett's companion and identical to s.2821), all republican sponsors.
What's the deal?? Would seem unlikely tp pass without support from House democrats.
(see below about pay-as-you-go issue)
Other bills still out there, besides Bartlett's H.R. 5984, waiting for some action:
Anyone know where this has gone??
H.R. 5351 (The Renewable Energy and Energy Conservation Act of 2008)
would extend the tax credits, with cost of the program borne by the repeal of subsidies to oil companies
House passed 236-182 on Feb 27 2008
Referred to Senate, according to Thomas.loc.gov
H.R. 197 (as noted above by Prof Goose, 134 cosponsors, bi-partisan)
from govtrack.com
Last Action: (as of May 2, 2008)
Jan 4, 2007: Referred to the House Committee On Ways and Means
According to GoldSeek.com (on June 10 2008):
Hi John,
Good to see you posting! I spoke just now with Mary Frances Repko in the Majority Leader's office (my Congressman Hoyer) and it looks as though HR 6049 may be brought up again in the Senate. EandE daily is the source she cited though it needs a subscription. http://www.eenews.net/eed/
The difficulty is, as you point out, having the incentives as revenue neutral or not. HR 5985 and 197 do not include tax increases that cover the cost of the incentives. HR 6049 does. However, it does not take the taxes out of the energy but rather finance industry I think, and, according the Mary Frances, closing loopholes that the taxed industry agrees need to be closed.
In any case, the Majority Leader would be supportive of the five year extention concept in the Pomeroy Bill but they are working on getting a formula that works in the Senate. Apparently, paying for these incentive by closing incentives for oil companies is not going to fly. But, if we do something sensible like institute gas rationing to bring down prices, the oil companies won't have the profits to tax in any case so I don't see a reason to balance against their incentives.
In terms of revenue, it seems to me that the renewable incentives will ultimately be revenue positive no matter how the current accounting is done since there will be taxes coming in once they expire on a much larger industry than would exist at that point otherwise. I suppose that sounds a bit supply-side but energy is an arena where those arguments actually have some merit.
Chris
A little more info: The failure of HR 6049 in the Senate was on a vote to end (or limit) debate, I think to 30 hours. It can be brought up as regular business and debated (and ammended) over a longer period. Here is another recent article: http://www.istockanalyst.com/article/viewarticle+articleid_2279578~zonei...
There is some he-said-she-said in this article: http://www.nationaljournal.com/congressdaily/cda_20080611_9311.php
I would say that the best place to put some pressure is on McCain who can agree with Grassley that the conditions don't make sense but at the same time vote for some tax increases that do make sense. That way he can come across as pragmatic and ready for the general. It is uncertain how much strength McCain has in his own party yet, but his party is pretty good at unity so if he attempts to lead, there may be enough who will go along. So far, on these issues, he has been ducking votes. Letting him know that we need action and not just words might do the job.
Chris
Thanks, Chris, for these clarifications and the links. I'd be surprised if this doesn't go on into the fall, when yet more political hay can be cut and dried.
BTW, I've been posting PV install prices by market segment for NJ here. The data needs to be updated - which is on my computer - just need time to graph and post. Data by way of Charlie Garrison of Honeywell and Scott Hunter and Mike Winka from the Office of Clean Energy. The more we know the better our choices.
Hi John,
The SREC prices are about where we guessed I think. Looks like they are working then. Nice work on the graphs too.
Chris
Thanks, Prof Goose for this piece.
We took advantage of the EPact of 2005 and made some major energy improvements to our house. The improvements made were eligible for a tax deduction of 10% of the cost of select energy upgrades, including insulation and high efficiency heating and cooling equipment, the maximum deduction was $500. Did the tax deduction initiate the energy improvements for us, not by itself, but it did help defray some of the costs and there was some utility rebates as well.
As I recall, the tax credits for improving existing homes expired in 2007 but the new home tax credit of $2,000 runs through 2008. If we are to conserve scarce energy resources in the US, the energy legislation must be approved and expanded at the earliest opportunity.
Thanks for the info. I'm working on e-mail my Rep. right now.
I did a search for HR 5984 on THOMAS and I got something completely different. Do you know what the deal with that is?
Jeebus, THIS has got to pay Everyone back!
Flex-fuel PHEV
88 mpg City
50 mpg Highway
Hurry up, Guys. I want mine in a Mustang :)
Too expensive to be economically viable
I just emailed my rep (Ellison, D-MN).