On the recordJune 19, 2012
This Congress' failure to extend renewable energy tax credits is already costing my home State, the Commonwealth of Virginia, jobs. As CBS News reported last month, Virginia is losing a wind turbine development to Spain because the United States doesn't have the right policies and tax incentives in place for renewable energy development. A spokesperson for the wind energy company Gamesa said that the uncertainty over the future of those tax credits for wind energy and the lack of Federal energy policy caused the company to invest in Spain instead of Virginia. The jobs to construct and maintain that turbine will be Spanish, not American. The so-called Strategic Energy Production Act, coming to the House floor this week, actually perpetuates the problem by doubling down on oil and gas to the detriment of developing new and renewable energy sources in America. Even the Republican Governor of Virginia said that the lack of a national energy policy was one of the reasons we aren't moving forward with this project in America. President Obama has called on Congress to pass a ``clean energy standard'' that would guarantee a market for wind, solar, and other clean domestic energy sources. That legislation has not received any consideration in this House. The House Republican leadership won't even bring legislation to the floor to extend critical renewable tax credits for wind and solar energy.…





