On the Road to Energy Independence

(Page 3 of 3)

April/May 2008
By Megan Phelps 
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What it means to you: The new energy bill was a lost opportunity to develop the wind and solar industries, reduce greenhouse gas emissions, and create numerous high-paying green jobs. “If the tax credits are not extended, private capital will be directed elsewhere,” says Scott Sklar, an energy analyst with The Stella Group. “The solar and wind industries in particular will severely contract and we could lose more than 100,000 jobs.” He explains that on previous occasions when these tax credits were allowed to lapse, many renewable energy jobs moved to other countries. The United States needs a stable, long-term national policy to encourage investment in these industries.

RELATED CONTENT

Stay tuned. It's a renewable debate.

Congress isn’t finished debating climate change or renewable energy. They’ll likely try to renew the tax credits for the renewable energy industry again soon. Meanwhile, upcoming climate change legislation includes serious proposals to limit greenhouse gas emissions. If you’d like to keep an eye on this, a good resource is GovTrack.us. You also can check out how your senators and representatives voted at Project Vote Smart, and get their contact information from the United States Senate and the United States House of Representatives. Tell them what you think.

To read more about the energy bill, and how it will impact you and the environment, visit The Union of Concerned Scientists.

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