1.877.959.8816

Tax-credit stalemate imperils green energy industry

From the media…In today’s San Jose Mercury News by reporter, Matt Nauman: “Tax-credit stalemate imperils green energy industry.” Two lobby groups, the American Wind Energy Association and the Solar Energy Industries Association put the potential job loss if the credits aren’t renewed at 116,000 U.S. jobs.

In testimony given earlier this year, Applied Materials’ Blair Sweezey said the extension of the renewable tax credit could create 55,000 jobs and generate $45 billion in economic investment in the
solar industry across the country. But, if the credits weren’t renewed, he said 40,000 jobs could be lost through 2009.