Democrats maneuver to avoid wind and solar subsidies being taken hostage as we have recommended.
Environment and Energy Daily reports:
Senate Democrats today plan to propose attaching a longer life for two tax credits hotly sought by renewable energy companies to a two-year transportation bill as the long-term fate of those “extenders” remains in limbo.
The two amendments pitched by Sen. John Kerry (D-Mass.) to the transportation bill ahead of a Finance Committee markup set for this afternoon would extend the wind production tax credit until 2013 and revive a Treasury Department program that gave renewables producers grants in lieu of a tax credit before it expired at the end of last year…