Weekly World Energy News Update - 4th August 2012
This
week was a busy one for US energy policy, and renewable energy tax
credits were the focus of legislative battles and Obama-Romney campaign
rhetoric. Republicans in the Senate dealt Romney a blow when the Senate
Finance Committee passed a one-year extension of the wind energy tax
credit. The deciding factor was when Republican Senator Charles E.
Grassley of Iowa—where wind energy creates thousands of jobs—threatened
to side with the Democrats if Team Romney insisted on removing the $3.3
million tax break. Also included in the tax…Read more...
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