Tax credit extensions best CES industry to get in 2011

Given the dim legislative prospects for a CES this year, extension of of tax incentives is about the best the “clean energy” industry can expect this year. According to the Clean Energy Report,

“Senators are under pressure to move legislation that would extend certain tax credits, such as the so-called 1603 Treasury grant program for wind and solar, which are set to expire at the end of 2011. Senators may also offer tax credits for electric vehicles and plug-in hybrids, and incentives for heavy- and medium-duty electrification and recharging stations that expired during last Congress or are set to expire this year, sources say.”

The GOP could end the “clean energy” industry’s role in the misguided war on carbon in 2011 by holding these subsidies hostage.



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