Friday, September 26, 2008

House oks extending renewable energy tax credits

It's not the same bill passed by the Senate so the next step is a conference committee. Not that it will matter to the equities, right now the market's attention seems focused elsewhere.
From Reuters:
The House of Representatives approved legislation on Friday to extend billions of dollars in tax credits for wind, solar and other renewable energy sources.

The House measure is similar to energy legislation cleared earlier this week in the Senate, except that the House bill leaves out tax incentives to develop oil from shale and tar sands and for projects to turn coal into liquid fuels....MORE