[NEWS] Renewable Energy Groups Fight for Subsidies
– by John Siciliano, September 8, 2016, Washington Examiner
Renewable energy groups are beginning their uphill push this week to get Congress to extend vital tax credits for their industries before the end of the year.
The groups, which include the biomass energy and hydroelectric industries’ lead trade groups, sent letters to Republican and Democratic leaders making the case that without the subsidies, the lights could dim.
“Time is running out as our incentives will lapse at the end of this year,” reads the joint letter sent Wednesday. They argue that the “looming expiration” would hurt their more reliable power plants, such as hydroelectric dams, in bidding at the state level, leading to more “less reliable” wind and solar being built.