Monday, January 12, 2009

Obama Plans to Add Energy Credits to Stimulus, Lawmakers Say

And tradable too!
From Bloomberg:
President-elect Barack Obama is making “significant” changes to his economic stimulus program, such as boosting energy tax incentives, after members of his own party called elements of the plan inadequate.

“I think they’re moving very effectively to respond to the issues that we raised the other day,” Senator John Kerry, a Massachusetts Democrat, said yesterday after lawmakers met with Obama economic advisers Larry Summers and Jason Furman.

Senator Maria Cantwell, a Washington Democrat, said Summers showed a willingness to double tax credits in the bill for renewable energy to more than $20 billion....MORE