Only a small portion of renewable energy producers are benefiting from the tax credit system that is being implemented by the federal government. Our government’s lack of clear preference in perhaps trying to please everyone–ends up ratcheting down the positive long term effects of the program.
Job creation. Innovation. U.S. competitiveness. In the eyes of the top CEOs in the U.S., before these goals become reality, the foundation of policies and comprehensive climate and energy legislation needs to be laid by those who reside in Washington D.C. As such, more than 80 CEOs from U.S. businesses, from eBay to PG&E to Virgin America, have sent a letter to President Obama and members of Congress asking them to create the impetus to achieve these goals by enacting climate and energy legislation.
A majority of likely voters – 71% – favors the American Clean Energy and Security Act recently passed by the House of Representatives, and two-thirds (67%) believe Congress is either doing the right amount (22%) or should be doing more (45%) to address global warming, new Zogby International telephone poll shows. Just 28% believe that Congress is doing too much.