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August 16, 2008
DEJONGH JOINED CALL BY NATION’S GOVERNORS FOR RENEWABLE ENERGY TAX CREDIT EXTENSION Governor John P. deJongh, Jr. has joined his colleagues in the National Governors Association (NGA) in urging Congress to extend, for at least five years, tax provisions that encourage the development of renewable energy sources and promote energy efficiency. "Renewable energy plays an important role in the overall energy security of our nation. My fellow governors and I are in the process of developing a wide array of innovative energy policies," deJongh said as he recently signed on to the letter also endorsed by 50 of the nation’s governors. In addition to the individual efforts of each state, governors are supporting the development of federal tax incentives which include: clean renewable energy bonds, to promote, clean, secure and affordable energy to fuel America’s future. The letter encouraged Congress to continue to develop incentives for programs that help families and businesses use energy-efficient building techniques, materials and equipment readily available in today’s market. "Extending incentives for energy efficiency and conservation will slow the growth of future energy needs and at the same time, minimize ratepayer costs and lessen potential impact on the environment." The governors pointed out that securing the energy future must be a priority at both the state and federal levels. "We strongly urge you to partner with the states by passing legislation on a bi-partisan basis to extend expiring renewable energy and energy efficiency tax credits that can be enacted this year." Last February, leadership of the NGA wrote the leaders of Congress’ tax writing committees to urge enactment of legislation containing these provisions. Since that time, however, efforts to advance them have fallen short. "Extending these credits is critical an action must be taken as soon as possible," the governors’ letter stated. Related: NGA Letter to Congress on Renewable Energy Tax Credit Extension |
