Apr 07
|
|
| CTSI Policy Alert! |
ACTION NEEDED
|
|
| |
Clean Technology & Sustainable Industries Organization urges its community members to take the following action to support efforts to extend critical clean technology policy.
CONTACT YOUR SENATORS TODAY, APRIL 7th, TO SUPPORT TAX CREDIT EXTENSIONS!
Senators Maria Cantwell (D-WA) and John Ensign (R-NV) have proposed a bipartisan amendment, the Clean Energy Tax Stimulus Act (S.2821), to extend most expiring tax credits for clean tech and renewable energy by one year. A vote on the amendment could occur early Tuesday afternoon (April  in the US Senate during the consideration of a housing bill.
We need to act now to remove investor uncertainty that could result is a mass exodus of investment capital from the clean tech sector. Over 116,000 wind and solar jobs and more than $19 billion in clean energy investment are at risk unless we act swiftly to extend the tax credits.
Please call your two Senators today urging them to support the Cantwell-Ensign clean tech tax extension amendment. You can call 202-224-3121, and ask to be transferred to your Senator’s office. Ask to speak to the Senator’s Legislative Director or clean technology responsible legislative assistant. If he or she is unavailable, leave a voice mail message or send an email.
To access the websites for your Senators to determine how best to send an email, click on: US Senate Contact page.
Key message to deliver:
I am a business constituent and concerned that the future of clean tech companies in our state is jeopardized without quick action to extend the renewable and energy efficiency tax credits. Therefore, I urge the Senator to support the Cantwell-Ensign clean energy tax extension amendment.
Thank you for your support of this Clean Technology Community Action! Please forward this email to your network to gather increased support for this amendment!
|
| Details of Clean Energy Tax Stimulus Act
Current co-sponsors of the bill in addition to Cantwell and Ensign include: Allard, Biden, Boxer, Coleman, Collins, Cornyn, Craig, Dodd, Dole, Domenici, Feinstein, Graham, Hatch, Johnson, Klobuchar, Landrieu, Martinez, Murkowski, Roberts, Salazar, Sanders, Schumer, Smith, Snowe, Stabenow, Sununu, and Thune.
Key Provisions:
- PTC modified and placed in service date extended to December 31, 2009
- ITC extended through December 31, 2016 and allows electric utilities to claim credit
- IRC (residential) solar credit extended to December 31, 2009 and repeals $2,000 cap
- Extension of energy efficiency credits for existing and new homes
- Increases deduction of commercial building energy-efficient improvements from $1.80 per square foot to $2.25.
|
|
About CTSI![]()
The Clean Technology and Sustainable Industries Organization (CTSI) is a non-profit membership organization whose mission is to advance the commercialization and global adoption of clean technologies and sustainable industry practices through a community of industry, academic, and government leaders committed to a safer, cleaner and more productive world. www.ct-si.org |
| If you are interesting in helping shape the clean technology sector and take a role in defining federal & regional policy on clean technologies and sustainable industry practices, please consider a membership to the CTSI organization. Your voice does have an impact!
For more information on membership, please go to our website’s membership section |
|
|
Leave a Reply
You must be logged in to post a comment.
Recent Comments