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Senate Vote on Renewable Tax Incentives: 7/30/08

 

Jewish tradition prohibits wasteful consumption. Such waste damages Creation and violates the mandate to use Creation only for our legitimate need. Over the last decade, Congress has established a diverse set of tax incentives to help prevent such waste by encouraging growth in a wide range of renewable electricity, renewable fuels, and energy-efficiency sectors. These programs have stimulated research in technological solutions to the problems of global warming and dependence on dirty fossil fuels. Unfortunately, many of these critical tax incentives expired last year. Others are set to expire shortly. Although the House of Representatives extended the tax incentives in May, the Senate has failed to follow its lead. Please urge your Senators to act immediately to support the Jobs, Energy, Families, and Disaster Relief Act of 2008 (S. 3335), which includes a long-term extension of these critical clean energy and energy-efficiency tax incentives.

The clean energy tax incentives play a vital role in creating new high-wage American jobs, spurring economic growth, promoting consumer purchases of energy efficient products, lowering energy bills for consumers and businesses, and of course reducing global warming pollution. The incentives also help the U.S. catch up with other countries on the development and deployment of clean energy technologies. For these reasons, the Jewish community has joined a diverse coalition of business, retail, investment, environmental, and utility stakeholders in support of these tax incentives. [Click here to read a coalition letter supporting extension of the renewable energy tax incentives]

Absent an extension of these incentives, more than 116,000 jobs and $19 billion in investment in the solar and wind industries alone are at risk. Unfortunately, as Congress is set to adjourn for the August recess, time is running out for action on this important issue.

The Senate will be voting on the Jobs, Energy, Families and Disaster Relief Act of 2008 as soon as tomorrow. Contact your Senators and urge them to vote YES to extend the renewable energy tax incentives by supporting S. 3335. Call (202) 224-3121 and ask to be transferred to your Senator or click below to send a letter to your Senator.

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