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For Immediate Release:
2008-06-11
For More Information:
Contact Eric Nost
State Associate
(515) 243-5835

Senate Blocks Extension of Clean Energy Program Critical to Iowa

For Immediate Release:

June 11, 2008

 

Contact:

Andrew Hug, 515-243-5835, or

AndrewHug@EnvironmentIowa.org

 

Senate Blocks Extension of Clean Energy Program Critical to Iowa

 

Statement of Environment Iowa Advocate Andrew Hug

 

“We thank Senator Tom Harkin for supporting the clean energy and a green economy today and are disappointed that Senator Chuck Grassley, who authored this legislation in 1992 chose not to support it today.

 

America needs more clean and efficient energy options. Time and time again, the American people have expressed strong support for efforts to jumpstart the clean energy revolution. The Senate has once again pulled the rug out from under one of the most critical clean energy programs available.

 

This loss is particularly damaging to Iowa which is home to six manufacturing plants producing wind turbine components.

 

As one of the fastest growing industries in the U.S., the clean energy industry is a shining light in an otherwise lackluster economy. Unfortunately the renewable energy production tax credit and the solar investment tax credit are set to expire at the end of this year and investors are beginning to pull out of projects. Unless Congress and the President act soon, as many as 75,000 jobs could be at risk according to the American Wind Energy Association.

 

The clean energy incentives would not only stimulate the economy in the short term by continuing job creation and spurring investment, but also would help solve global warming and promote long-term development and growth in the clean energy technology industry.

 

We thank Senator Harkin for supporting these essential provisions that extend incentives that give a boost to the U.S. economy. Given Senator Grassley’s long leadership on this issue we hope that he will work with his colleagues to resolve his objections to the bill in its current form and press for it to be brought up again. ”

 

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Environment Iowa is a statewide nonprofit environmental advocacy group