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BCSE In Action

January 2, 2013

 

BCSE Supports Congressional Action to Extend Energy Tax Credits
as Part of Legislation to Avoid the Fiscal Cliff

 
Washington, DC -- The Business Council for Sustainable Energy expressed its support for recent Congressional action to extend energy tax credits as part of the legislation (H.R.8) addressing the fiscal cliff, noting that clean energy tax measures play a critical role in helping the United States achieve vital economic and energy security objectives and are an important part of our energy policy.

In a statement, BCSE President Lisa Jacobson said that the extended credits "have been as effective as any state or federal energy policy mechanism in helping to ensure an adequate, reliable, safe, clean supply of energy resources."
 
"BCSE supports congressional action to temporarily extend important clean energy tax credits as part of the deal to address the fiscal cliff, including an extension of the credits for energy-efficient existing homes, energy-efficient new homes, energy-efficient appliances, parity for the exclusion from income of employer-provided mass transit benefits and parking benefits, and the extension and modification of the Production Tax Credit and modifications to the Investment Tax Credit," said Jacobson.
 
Jacobson went on to say, "The Council is pleased the 112th Congress has been able to reach a compromise agreement on the larger fiscal and budget issues facing our county and is pleased they have included an extension of these critical clean energy tax measures in an effort to encourage private sector investment, reduce costs for consumers and industry and spur technological innovation. We look forward to working with the 113th Congress as it begins and addresses long-term solutions to the nation's tax and spending priorities."

Please click here to read the full press release.