Clean-Energy Incentives at Risk in Tax Deal

Billions of dollars in federal subsidies for the manufacturers of wind and solar power facilities will end January 1, 2011 unless the extended tax cuts are ended. These subsidies were part of the 2009 economic stimulus package. Republicans are taking a stand that it is the Democrats deal to worry about because they were responsible for the deal reached with the White House. Democrats, led by Sen. Max Baucus (D., Mont.), attempted to extend programs through legislation but were shot down last week in the Senate. A one year extension of the program would provide $3 billion in federal grants in 2011.