Obama Administration Calls for Clean Energy Tax Credit Extension

An official from the Obama Administration made his rounds of wind energy facilities in Iowa yesterday, talking of President Barack Obama‘s call on Congress to extend the clean energy credits that are set to expire this year, the Department of Energy reported . Here are the details.

* Acting Under Secretary for Energy and Assistant Secretary for Policy International Affairs, David Sandalow, traveled to Iowa to promote Obama’s “All-of-the-Above” energy strategy, in which investments are made in energy innovation and American infrastructure.

* Part of that strategy is an extension of the Production Tax Credit, which is set to expire at year’s end. According to Sandalow, President Obama is calling on congress to extend these credits, which are “supporting thousands of jobs in Iowa and have played a key role in nearly doubling renewable energy in the last four years nationwide.”

* If the Production Tax Credit is not extended, approximately 30,000 jobs will be lost nationwide, the Department of Energy reported.

* According to the Department of Energy, Iowa generated nearly 19 percent of its total electricity from wind energy in 2011.

* The wind industry in Iowa supported up to 5,000 direct and indirect jobs in 2010.

* The facilities included in Sandalow’s Iowa visit included Keystone Electrical Manufacturing Company in Des Moines and ACCIONA Windpower’s wind turbine generator assembly plant in West Branch.

* The Iowa visit follows a similar visit to Minnesota by U.S. Deputy Secretary of Energy Daniel Poneman on July 16.

* One of Poneman’s stops during his Minnesota visit included the International Brotherhood of Electrical Workers Local 343 in Rochester. Local 343 offers a wind certification program for union members who are interested in obtaining jobs in the industry.

* Poneman also visited Daiken McQuay’s technology center in Plymouth, which is using $1.4 million in Advanced Energy Manufacturing Tax Credits to expand its Minnesota facilities for a new testing model of its heating, ventilation and air conditioning equipment.

* Minnesota ranks fifth among U.S. states in total installed wind capacity, the Department of Energy reported.

* The Federal Production Tax Credits made President Obama’s congressional “To-Do List” in late May, when Obama also visited Iowa, where he toured a wind manufacturing plant in Newton that employs more than 500 workers.

* According to the White House, generation from wind turbines has increased 27 percent in the past year.

* Sixty percent of the wind turbines in the United States and the component parts that power them are made at home, in more than 400 facilities located throughout 43 states.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes