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Archive for June, 2010

What will it take to move a desperately needed energy bill through congress?  More senators like Florida Republican George Lemieux!  Lemieux has established a reputation for his keen eye on the deficit.  But fortunately, that characteristic doesn’t prevent him from seeing the need to use government to move the country away from the noxious, fossil fuels.  He has joined with Senator Maria Cantwell and several other democratic senators to extend the successful Clean Energy Treasury Grant Program, created as part of the 2009 American Recovery and Reinvestment Act.  The TGP Program is set to expire at the end of this year.  The Amendment offered would extend it to 2012.

The Amendment tweaks the original Act and Lemieux says it can now continue to foster clean, renewable energy “without adding to the deficit.”  If you look at the changes in the Amendment you see that the oil companies will be deprived of a lucrative tax write-off.  I presume Lemieux thinks this savings will make the Act deficit-neutral and I hope he’s right.  Passage of the Amendment will take the pressure off pending solar and other RE project developers and help maintain the strong growth we have seen in the RE industry even during this recession.

Congratulations and thanks to the senator for moving the RE agenda forward.

Sam Kendall

Summary of the Lemieux / Cantwell Amendment

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