RENEWABLOG

Does the End Justify the Means on ITCs?

A lot of folks have been upset with the House of Representatives sudden embrace of fiscal responsibility and as a result, the lack of approval for a Senate bill last week that would have extended the production tax credit and investment tax credit. Now some are grumbling that the inclusion of the ITCs and PTCs in the rescue or bailout bill is also not ideal.

So people fall into two camps: those that want a fiscally sound, stand-on-its-merits bill and those that think ANY bill that extends the ITCs and PTCs is a good thing. It is an interesting debate, although one that is probably moot with the likely passage of the bailout bill today.

I can honestly say that this is the most anticipated piece of public policy in the more than 10 years I have been in PR and certainly the most antipcated by green and cleantech PR agencies in the recent development of the market.

Quick Note: We'll be hosting a webinar on the intersection of public relations and government relations for green and cleantech companies on Wednesday, November 12, 2008. You can register here.