Tuesday, April 30, 2002

Wind Energy: News Releases 25 April 2002 - The U.S. Senate passed a federal renewable energy portfolio standard (RPS) and a full five-year extension of the wind energy production tax credit (PTC) as part of the broad energy bill, S. 517. The bill would require that an additional 1% of the nation's electricity come from new renewable energy sources by 2005 and total 10% by 2020 and would create a new investment tax credit for small wind systems. The bill now goes to a joint House-Senate conference committee. The House bill, H.R. 4, has no RPS provision, but does include a five-year PTC extension. AWEA News Release

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