The American Wind Energy Association (AWEA) today praised the agreement reached by the U.S. Senate and House of Representatives on economic recovery legislation, which includes several provisions intended to spur development of wind and other renewable energy industries in the current adverse economic and financial climate.
“The renewable energy provisions in the final bill will stimulate economic and job growth in the wind industry. More than that, this bill is a critical down payment on long-term policies needed to meet the President’s ambitious renewable energy goals, enhance America’s energy security, grow our economy and reduce global warming pollution ,” said Denise Bode, AWEA’s Chief Executive Officer.
The agreement includes a key measure, a cash payment program, which the industry considers essential to sustaining growth. The payment measure was included in the House bill and retained in the final package with a few modifications. Bode praised the Congressional leadership for recognizing the strong stimulus value that renewable energy development can contribute to the economy.
“Given the right tools, the wind industry is ready to deliver,” added Bode.