NewEnergyNews: PRES CALLS FOR EXTENSION OF WIND INCENTIVES/

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    Friday, May 11, 2012

    PRES CALLS FOR EXTENSION OF WIND INCENTIVES

    President Obama Urges Congress To Extend Wind Energy Production Tax Credit

    9 May 2012 (North American Windpower)

    “President Obama is calling on Congress to act on…bipartisan initiatives designed to create jobs and boost the middle class…[and they include] a renewal of the production tax credit (PTC) for wind energy…[To create jobs by investing in New Energy] Obama urged Congress to extend the PTC as well as the Section 48C clean energy manufacturing tax credit."

    [President Obama:] "Congress needs to help put America in control of its energy future by passing legislation that will extend the production tax credit to support American jobs and manufacturing alongside an expansion of the 30 percent tax credit to investments in clean enegy manufacturing…"

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