US Energy Policy

Private Sector Players Stepping Up Pace of Clean Energy Investments

Good news on the clean energy finance front—private sector investors are stepping up the pace of their investments across the renewable energy landscape, from wind and solar to geothermal and hydropower. With a Congress hopelessly divided on the direction energy and environmental policy should take and threatening lapses of key clean energy incentives imminent, private sector capital is going to be critical in order for the fast pace of renewable energy systems deployment and technological innovation to continue.

Tax Credit Extension Crucial to US Clean Energy Growth, Manufacturing & Jobs Revival

The US wind energy industry can create and save 54,000 jobs, including expanding the wind energy manufacturing sector by 1/3 to 46,000 jobs, according to the results of a study completed by Navigant Consulting. That’s given a stable federal tax policy that includes extending the existing wind energy production tax credit (PTC) for another four years. The AWEA, along with US manufacturing industry groups, labor unions and environmental groups, is pushing for Congress to pass recently introduced legislation that would extend the PTC through 2016.

Clean Energy Leaders Unite, Write Congress to Extend 1603 Tax Credit Grants

A coalition of clean energy economy leaders and stakeholders has sent Congress a letter urging them to extend the Treasury Section 1603 grant program through 2012. Enacted to sustain investment flows in the wake of the 2008 financial systems collapse and due to expire at year-end, the 1603 grant program has been central to the continued growth and development of clean energy across the US in all its forms in ensuing years.

U.S. Going Wrong Way on Energy, Americans Say

If you’re a firm believer in the U.S. being a democracy, one of the most perplexing issues for you might be the fact that:

U.S citizens strongly support clean energy such as solar and wind and strongly support pulling the plug on subsidies to the fossil fuel industry,

but U.S. politicians (mostly, but not entirely, on one side of the aisle) strongly support subsidies to the fossil fuel industry but not to the clean energy industry.

The fact of the matter is, though, politicians respond to money more than to voters, and they (especially those on one side of the aisle) receive a lot more money from the rich fossil fuel industry than the nascent clean energy industry. Do U.S. citizens notice and care?

Apparently, yes.

A poll released yesterday by by The University of Texas at Austin found: