Leading renewable energy business organizations announced the formation of the Renewable Energy Business Alliance to amplify and unify their voice in support of policies and programs to expand renewable energy production in the United States. The national trade associations representing the wind, solar, geothermal, biomass, landfill gas and waste-to-energy industries together with public power and rural electric co-ops, joined in founding the organization.
As its priority, the Alliance will seek a significant extension of the production tax credit. The Alliance supports making the federal Production Tax Credit permanent, applying it to all renewable technologies on an equal basis and providing comparable incentives for non-profit entities. The Alliance believes that the policies would lead to the stability necessary to provide business an effective incentive to invest in new renewable energy facilities.
