Stabenow Pushes Renewable Energy Tax Credits

Other episodes in this series: 
IPR News Features
Date: 
March 13, 2012
Courtesy photo.

By Bob Allen

U.S. Senator Debbie Stabenow from Michigan is trying to extend tax credits for renewable energy. Some of the credits expired last year and others will expire at the end of this year unless Congress acts.

The 30 percent federal tax cuts are aimed at companies that manufacture wind and solar products.

Stabenow says there are 150,000 new Michigan jobs in the pipeline over the next 10 years with companies that are banking on the credits.

"It's about seeing the words "Made in America" again," she says. "And these tax cuts are a very important part of being able to continue those jobs." 

Stabenow says her amendment has widespread support among business, labor, and environmental groups.

But it faces stiff debate in Congress about the use of federal funds to spur renewable technology.

Another amendment in the Senate would cut off energy tax credits completely.

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