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Renewable, efficient energy touted to US lawmakers | Markets | Reuters

Renewable, efficient energy touted to US lawmakers

By Ayesha Rascoe

WASHINGTON (Reuters) 12 Sept 08 – Energy experts urged U.S. lawmakers on Friday to focus on efficiency and renewable energy, as well as increased domestic production, as they consider legislation to address volatile fuel prices.

Speaking at a bipartisan energy summit hosted by the U.S. Senate, experts encouraged lawmakers to invest in research and technology and make tax credits for renewable energy consistent.

“An on-again, off-again production tax credit is not a way to promote stable development of renewable energy,” Daniel Yergin, chairman of Cambridge Energy Research Associates, told lawmakers.

Renewable, efficient energy touted to US lawmakers | Markets | Reuters

Tags: renewables, energyefficiency

September 13, 2008 - Posted by Christina Macpherson | ENERGY