13 Mar '12, 8pm

Senate Rejects 1603, PTC Amendment

Senate Rejects 1603, PTC Amendment

Sen. Debbie Stabenow, D-Mich., had introduced an amendment to a transportation bill that would have, among other things, extended the Production Tax Credit for one year and revived the expired 1603 Treasury grant. But that amendment fell far short of the 60 votes required as Senators split 49-49, according to a message sent by the Solar Energy Industries Association on Tuesday afternoon. A separate amendment from Sen. Jim DeMint, R-S.C., that called for an end to all federal energy subsidies failed handily, 72-26. "We are disappointed that tens of thousands of American jobs are being put in peril by partisan gridlock in Washington," said American Wind Energy Association CEO Denise Bode. "Despite the partisan vote on these broader energy amendments, the fact remains that the wind Production Tax Credit enjoys bipartisan support in the House and Senate." Bode continued to war...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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