Reps. Earl Blumenauer, D-Ore., and Dave Loebsack, D-Iowa
have introduced a bill titled the Bridge to a Clean Energy Future Act of 2014,
or H.R.
5559, according to an Ethanol Producer article by Erin Voegele available here.
BioMass also published Voegele’s article here,
and Domestic Fuel published an article here.
The bill was referred to the House Committee on Ways and
Means and received 16 additional signatures from Congress members.
“I’m eager to push this across the finish line this
Congress,” said Blumenauer.
“My state
of Oregon is a leader in renewable energy technologies, and Dave’s state of
Iowa is the second largest wind energy producer in the nation, so we understand
the importance of stability and security in the clean energy sector. His help
will be important in advancing this legislation. Making sure these energy
sources are on an even playing field with the fossil fuel industry is essential
to lowering carbon emissions, creating a cleaner environment, and creating good,
non-exportable American jobs,” according to Domestic
Fuel.
By
creating a “tax landscape” for renewable energy, representatives are able to
participate in a fair market with other energy sources that create a healthier
environment and thousands of jobs.
“The Production Tax Credit has helped the still-growing U.S.
wind energy industry employ 80,000 Americans, including thousands of Iowans,”
said Loebsack.
The bill
would extend the 30 percent investment take credit for alternative vehicle
refueling property, up to $30,000, for two years, through 2015. Eligible
refueling property includes fuel pumps for ethanol, biodiesel, hydrogen, and
compressed or liquefied natural gas, according to Ethanol
Producer.
“For our nation to move towards energy independence and
continued job growth, we need to prioritize clean energy like wind and act
immediately to pass this extension of the PTC,” said Loebsack, according to Domestic
Fuel.
For more
information, please visit Congress’ website here.
For more information on the Renewable Energy, please visit
the National Agricultural Law Center’s website here.
