US Energy Bill to remove support for renewables?
(Renewable Energy Focus) Reports coming out of Washington suggest concessions to give renewables industry in the US a boost will be removed from the upcoming Energy Bill.
Reports coming out of Washington appear to suggest that both the US House of Representatives and the Senate - in committee - are to remove planned concessions from the upcoming Energy Bill, that would have given the renewables industry in the US a huge boost.
Senate Majority Leader Harry Reid and House Majority Leader Nancy Pelosi have reportedly decided to remove the federal renewable portfolio standard (RPS), as well as all tax provisions benefiting renewables.
The contentious Energy Bill is currently being worked on in committee, as the House and the Senate try to come up with a version acceptable to both parties, as well as President Bush who has said he will veto it anyway.
13 Nov 2007
