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Senate blocks debate of clean energy tax credits

Posted by Prof. Goose on June 17, 2008 - 6:30pm
Topic: Policy/Politics
Tags: energy efficiency tax credits, energy independence and tax relief act of 2008, h.r. 5984, h.r. 6049, renewable energy, renewable energy and energy conservation tax act of 2007, s. 2821, solar tax credits [list all tags]

Amazing. (link to article) (Previously discussed at TOD here.)

WASHINGTON (Reuters) - The U.S. Senate on Tuesday blocked debate of a bill to offer about $17.7 billion in tax incentives for consumers to build renewable energy sources like windmills and solar arrays, and buy plug-in cars that run on electricity rather than gasoline.

The Energy Independence and Tax Relief Act of 2008 would have extended a tax credit to build windmills by one year through December 31, 2009, and extend for three years similar credits for renewable energy sources like biomass, geothermal, landfill gas and trash combustion.

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