USA:

Senate Committee Approves Renewable Energy Tax Credit Extension Package (Ethanol Producer Magazine)

The U.S. Senate Finance Committee approved a tax credit extension package today that includes geothermal energy provisions. During the markup process, the committee voted down an amendment that aimed to strip renewable energy credits from the bill.

Additional documentation published by the committee as part of the hearing makes additions to the package. A document that describes the chairman’s modifications to the EXPIRE Act includes a two year extension of the renewable electricity production credit, which lists wind, closed-loop biomass, open-loop biomass, geothermal energy, solar energy, small irrigation power, municipal solid waste, qualified hydropower production, and marine and hydrokinetic renewable energy as qualified energy resources.

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