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AMERICANS FOR CLEAN ENERGY.ORG
3 October 2008 -- The extension of the production and investment tax credits that benefit the renewable energy industry were passed as part of the House bail-out package for the financial industry.

The tax credit package, which is the same that passed the Senate September 24, will extend the PTC for one year and the IT...C for eight years. The extensions would be at least partially paid for by a change in the tax code for the oil and gas industry.

Wind and solar businesses around the country have applauded the decision.

"The American solar energy industry received a boost today with the passage of H.R. 1424, which included a provision to extend the tax credits for renewable energy by eight years," said Mark Finocchario, President and CEO of SCHOTT Solar, Inc.
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AMERICANS FOR CLEAN ENERGY.ORG

AMERICANS FOR CLEAN ENERGY.ORG
Senate To Vote Today On Rescue Plan With Tax Extenders And FDIC Added

Wednesday, Oct. 1, 2008
by Ben Schneider and Humberto Sanchez, with Christian Bourge and Peter Cohn contributing

The Senate will vote today on a multibillion-dollar financial services rescue package, using the House-passed mental health parity bill as t...he vehicle and attaching Senate-passed tax extender legislation and a proposal to increase limits on the FDIC insurance program.

The Senate will call up the House mental health parity bill, then substitute the economic rescue plan as an amendment from Senate Banking Chairman Christopher Dodd.

THIS IS IT - FINAL CHANCE TO PASS SOLAR AND WIND TAX CREDITS BEFORE THE ELECTION
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AMERICANS FOR CLEAN ENERGY.ORG

AMERICANS FOR CLEAN ENERGY.ORG really good point ruth-claire!!

AMERICANS FOR CLEAN ENERGY.ORG

AMERICANS FOR CLEAN ENERGY.ORG me too - You can ask for Fred Karem when you call as he handles energy issues for Mitch McConnell.

AMERICANS FOR CLEAN ENERGY.ORG

AMERICANS FOR CLEAN ENERGY.ORG Hi - nuclear power is not viable without significant government support as well. The nuclear industry has lobbied and obtained all sorts of loan guarantees and other benefits from the government.

This article from the Wall Street Journal details some of the costs of nuclear.

http://online.wsj.com/article/SB121055252677483933.html

AMERICANS FOR CLEAN ENERGY.ORG

AMERICANS FOR CLEAN ENERGY.ORG
Quote from Tom Friedman on solar and wind tax breaks:

“At a time when we should be throwing everything
into clean power innovation, we are squabbling over
pennies. These credits are critical because they
ensure that if oil prices slip back down again —
which often happens — investments in wind and
solar would still be profit...able. That’s how you launch a
new energy technology and help it achieve scale, so it
can compete without subsidies.”

Tom Friedman NYT Op-Ed / April 30, 2008
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AMERICANS FOR CLEAN ENERGY.ORG
AMERICANS FOR CLEAN ENERGY.ORG
AMERICANS FOR CLEAN ENERGY.ORG

AMERICANS FOR CLEAN ENERGY.ORG
hey kids! here is a new option for your semester abroad - or, if you already are out of school and just want a great learning experience -

spend 4 months on....drumroll please.....an OFFSHORE OIL RIG! yes! spend your semeseter at sea not on some cushy yacht for sissies but on a real working oil rig where you can dri...ll deep into the earth and take lots of sunset pictures.

you will learn lots of deep sea geology AND how to play solitaire about 1 million different ways.

this is tough work - lots of clanging pipes, broken drill bits - and the chance of an occasional spill that makes the sea around you all fun and gooey - try kite surfing on that stuff!

here is a pic of your new home!

http://ntis04.hgac.cog.tx.us/website/photolab/photos/energy/oil-rig.jpg

Appy now - space limited!
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