UPDATE – US Senate Passes Renewable Energy Tax Credits and Bailout Package
The United States Senate voted last night on legislation that would extend tax credits for renewable energy. In a surprise move, Senate Finance Chairman Max Baucus (D-MT) said in a statement earlier in the week that the tax extensions would be attached to the US $700 billion rescue legislation for Wall Street firms. The bill now heads to the House of Representatives for final consideration, which is expected to happen on Friday.
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UPDATE – US Senate Passes Renewable Energy Tax Credits and Bailout Package
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