[Congressional Record Volume 155, Number 28 (Wednesday, February 11, 2009)]
[House]
[Pages H1161-H1162]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOLAR IN THE ECONOMIC STIMULUS
(Ms. GIFFORDS asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Ms. GIFFORDS. Mr. Speaker, a strong solar power industry creates good
jobs and widespread economic growth. It increases our energy
independence and reduces the threat of global warming. Unfortunately,
the economic downturn has caused many energy investors to put their
projects on hold. They are unable to take advantage of the investment
tax credit that we fought so hard to pass and extend last year.
To get these projects moving again, the American Recovery and
Reinvestment Act allows solar energy developers to take grants in lieu
of tax credits. But for the grant program to be an incentive for the
largest renewable energy programs, it has to be expanded. Simply put,
renewable projects will not get off the starting line until there is a
usable incentive waiting for them at the finish line.
As the conferees work to finalize this bill, I urge them to expand
these grants. This will safeguard the solar industry's ability to fully
contribute to
[[Page H1162]]
our economic recovery. I commend the excellent work done on the energy
provisions in this bill and greatly appreciate the conferees'
willingness to work to make them as effective as possible.
____________________