Take Action! Help Keep the U.S. #1 in the Clean Energy Race July 24, 2012Posted by Laura Arnold in Uncategorized.
Tags: Pew Charitable Trust, Production Tax Credit (PTC)
This ACTION ALERT comes from Charles ‘Chuck’ Deppert, Indiana Representative, The Pew Charitable Trusts. Please note extension of the PTC helps both wind and solar.
Dear Renewable Energy and Distributed Generation Supporters,
In the race to secure private clean energy finance and investment, the United States reclaimed the top spot, after trailing China since 2009, according to new research published by The Pew Charitable Trusts.
However, America will be hard-pressed to sustain last year’s success. In the wake of now-expired advanced energy manufacturing tax credits, Treasury grants, and the Department of Energy’s loan guarantee programs, as well as the upcoming expiration of the production tax credit for wind, America’s clean energy sector faces an uncertain future.
Intermittent policies hurt the ability of the United States to consistently compete and turn clean energy innovation into manufacturing, deployment, and export opportunities. Transparent, lasting, and consistent policies such as the production tax credit remain a critical signal to private investors.
Phyllis Cuttino Director, Clean Energy Program Pew Environment Group