Wind Energy

Denise Bode CEO, AWEA, on the restoration of incentives for wind energy

The Section 1603 investment tax credit for renewable energy would be extended for one year under the text of the tax bill introduced in the Senate tonight, opening the door for a new wave of wind power and other renewable energy projects and saving the jobs of tens of thousands of Americans. A cloture vote on the tax bill is scheduled for Monday afternoon at 3 pm.

"This is a great day for American workers," responded Denise Bode, CEO of the American Wind Energy Association. "We have a lot of work to do to ensure that this victory is upheld in the House and Senate, and signed by the President, but we saw an outpouring of support this week that was truly inspiring.

"Wind turbines factories across the country will restart production lines, recall workers, and avoid layoffs that would have followed the loss of this key incentive for wind energy. With consistent policies like this one, wind energy can generate 20 percent of America’s electricity within 20 years, and employ half a million Americans."

www.awea.org/