SWANA Supports Extension Of A Production Tax Credit For Renewable Energy
Publish Date: 12/19/2012
SILVER SPRING, Md. – On December 17, SWANA sent a letter to leaders of the Senate and House of Representatives supporting passage of the Family and Business Tax Cut Certainty Act of 2012, S.3521. This bill would expand the number of landfill gas and waste-to-energy projects that are eligible to receive a Production Tax Credit for renewable energy creation.
This legislation would increase the number of renewable energy production facilities that qualify for the Production Tax Credit by including projects that are under construction by the December 31, 2013 deadline, rather than just those projects that are placed in service by that date. This bill has been reported out of the Senate Finance Committee by a vote of 19 to 5.
“Passage of this legislation would support the further development of facilities that recover renewable energy form solid waste,” said John H. Skinner, Ph.D., SWANA's Executive Director and CEO. “This would further America’s efforts towards a sound and sustainable renewable energy policy that emphasizes energy independence and the reduction of greenhouse gas emissions.”
A copy of the letter can be found here