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Making green energy tax breaks and other incentives more effective at creating real energy progress

Senator Ron Wyden Courtesy photo

Senator Ron Wyden
Courtesy photo

Sen. Ron Wyden and some of his colleagues in the U.S. Senate have announced new legislation that seeks to streamline and make more specifically targeted financial and tax incentives to encourage more green energy innovation and to bring new ideas to the energy marketplace.

Senator Wyden decried the lingering presence of old tax breaks and incentives to companies who are not innovating enough to get the benefits from past legislation. So he and his fellow senators have authored a bill that reflects the state of the art on green energy today – not what it was 10 or 20 years ago.

Here’s Sen. Wyden’s full remarks in Washington DC today.

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