Alliance to Save Energy Calls for House Passage of Critical Senate-Passed Energy Efficiency Tax Incentives Included in Financial Bailout Bill
Washington, D.C., October 1, 2008 – Tonight’s Senate passage of long-awaited energy efficiency tax incentives that were included in the financial “bailout” legislation puts our nation at a crossroads of “solutions versus stagnation” with regard to energy policy, the Alliance to Save Energy said.
“The choice before the House of Representatives is to reject, yet again, the Senate’s bipartisan ‘tax extenders’ legislation or to put aside partisan differences and do what is right for the American people,” said Alliance President Kateri Callahan.
“It is inconceivable that Congress could leave town, having granted a massive bail out to Wall Street, without granting Main Street these critical energy efficiency and clean energy tax incentives,” Callahan declared. “Increasing our nation’s energy efficiency would grow jobs, provide immediate help to American households, and help build a new economy by spurring investment in clean-energy technologies.”
The energy efficiency provisions included in the “bailout” bill would renew currently expired tax credits for homeowners who make energy efficiency home improvements and manufacturers of certain energy-efficient appliances and extend about-to-expire tax breaks for owners of energy-efficient commercial buildings and builders of new energy-efficient homes.