Alternate energy producers fear loss of incentives
Wednesday, Aug 08 2012
Las Vegas Review-Journal
If oil and gas companies receive federal subsidies, so should renewable energy projects, said wind, geothermal and solar power supporters at Tuesday's fifth-annual National Clean Energy Summit in Las Vegas.
Energy executives and politicos gathered at the Bellagio for the summit, co-hosted by Nevada Sen. Harry Reid, MGM Resorts International, the Clean Energy Project, the Center for American Progress and the University of Nevada, Las Vegas.
At last year's summit, officials pushed for more government support of clean energy initiatives to help the U.S. economy become more competitive. This year, there was a heightened sense of urgency to extend the Production Tax Credit for renewable energy producers to lessen the reliance on oil.