AWEA IN THE NEWS
Statement from Denise Bode, CEO American Wind Energy Association, on the restoration of incentives for renewable energy
The Section 1603 investment tax credit for renewable energy would be extended for one year under the text of the tax bill introduced in the Senate tonight, opening the door for a new wave of wind power and other renewable energy projects and saving the jobs of tens of thousands of Americans. A cloture vote on the tax bill is scheduled for Monday afternoon at 3 pm.
"This is a great day for American workers," responded Denise Bode, CEO of the American Wind Energy Association. "We have a lot of work to do to ensure that this victory is upheld in the House and Senate, and signed by the President, but we saw an outpouring of support this week that was truly inspiring.
"Factories across the country will restart production lines, recall workers, and avoid layoffs that would have followed the loss of this key incentive for wind energy. With consistent policies like this one, wind energy can generate 20 percent of America's electricity within 20 years, and employ half a million Americans."
AWEA is the national trade association of America's wind industry, with 1,300 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world's largest wind power trade show, the WINDPOWER Conference & Exhibition, which takes place next in Las Vegas, NV, May 5-8, 2014. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. Look up information on wind energy at the AWEA website. Find insight on industry issues at AWEA's blog Into the Wind. Join AWEA on Facebook. Follow AWEA on Twitter.