1) Tax credits for service stations that install high ethanol content fuel.The Center supports the energy plan and will work to have the package included in the stimulus package. (The Washington Post, 1/11/09)
2) A $7,500 tax credit for plug-in vehicles.
3) An extension of the biodiesel credit.
4) Credits for coal-fired poer plants that cut CO2 emissions by half.
5) Clean energy Credits for rural electric cooperatives.
6) Establishment of a federally funded National Clean Energy Lending Authority with $10-$20 billion.
The Center, founded in 1985, is an environmental organization dedicated to protecting the environment, enhancing human, animal and plant ecologies, promoting the efficient use of natural resources and expanding participation in the environmental movement.
Monday, January 12, 2009
Center Supports Obama Energy Proposal In Stimulus Plan
The Obama administration is proposing $25 billion for energy tax credits in the economic stimulus package. The credits would include $8.6 billion for renewable energy projects such as wind and solar, efficient cars and biodiesel production. The energy portion of the stimulus package could also include:
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