Permitting Issues Hindering U.S. Renewable Energy Project Development

SUGAR LAND--March 10, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--At the end of 2008, Congress passed legislation to extend the Production Tax Credit for renewable energy. The Obama administration tacked on $20 billion in tax credits for 2009. The different energy sources supported under this tax incentive are wind, hydro, geothermal, bioenergy, solar energy, tidal and wave. These mandates will ensure that renewable-energy project development remains the focus of power generators in the U.S. in 2009 and beyond.