House Committee Approves $20B for Renewables

House Committee Approves $20B for Renewables

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uscapital.jpg The U.S. House Ways and Means Committee on Thursday approved the $20 billion in energy tax credits and incentives proposed in the Obama administration’s economic stimulus package.

A party-line vote of 24 to 13 approved the  tax cuts for alternative energy including a multiyear extension of the production tax credit for wind, geothermal, hydro power and bioenergy. (SustainableBusiness.com News)

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