Senate Finance Committee Includes Green Jobs, Renewables In Stimulus Package

Posted by Brad Johnson Wed, 30 Jan 2008 21:39:00 GMT

In today’s executive session on the Economic Stimulus Act of 2008, the Senate Finance Committee passed by a 14-7 vote a package that includes $5.6 billion in “green” incentives, including $400 million in new “clean renewable energy bonds”, a one-year extensions for:
  • the renewable electricity production credit
  • solar, fuel cell, and microturbine credits
  • energy-efficient building deductions and credits;
and two-year extensions for:
  • the high-efficiency appliances manufacturing credit
  • stripper well depreciation credit
  • energy-efficient home retrofitting credit

Full details are available here.

Last Friday, 33 senators sent a letter to the Committee leadership urging support for renewable energy, energy efficiency, and green jobs incentives.

According to the Sierra Club, by today the number of Senators was up to forty:
Senators who have expressed support for the inclusion of the renewable energy incentives include: Cantwell, Snowe, Wyden, Smith, Klobuchar, Kerry, Sununu, Sanders, Dole, Boxer, Johnson, Allard, Salazar, Mikulski, Stabenow, Murray, Dorgan, Brown, Bayh, Clinton, Collins, Specter, Menendez, Thune, Feingold, Dodd, Levin, Obama, Brownback, Coleman, Murkowski, Feinstein, Schumer, Stevens, Lautenberg, Leahy, Akaka, Kohl, Roberts, Grassley, Bingaman, and Domenici.