50 Out Of 50 Governors Call For Renewable Energy Tax Credit Extension

The National Governors Association, headed by association chair Governor Ed Rendell of Pa. recently released a letter to Congressional leadership demonstrating a desire for federal tax credits for renewable energy developments to be extended by at least five years.

From the letter:

"Renewable energy plays an important role in our nation's energy security, and governors have pioneered a wide array of innovative energy policies in their states. To supplement state efforts, governors support the development of federal tax incentives, including clean renewable energy bonds, to promote clean, secure and affordable energy to fuel America's future.

We also encourage Congress to continue to develop incentives for programs that help families and businesses use energy-efficient building techniques, materials, and equipment readily available in today's market. Extending incentives for energy efficiency and conservation will slow the growth of future energy needs, minimize ratepayer costs, and lessen potential environmental impacts."

The letter is signed by all 50 state executives.