Tuesday, February 10, 2009

T. Boone Pickens Statement on Passage of U.S. Senate Version of Economic Stimulus Plan

While much of the Pickens Plan is included in the Senate Bill, pickensplan.com is asking for a greater focus on Energy Policy, i.e.
"While the Senate economic stimulus bill makes some progress, there remain some additional actions that should be taken in conference with the House of Representatives on their legislation including:

* Include the House passed provision enabling renewable developers to exchange their investment tax credits for grants of equal value from the Department of Energy, but extend the program through 2011
* Provide direction to the Department of Energy to improve the loan guarantee program so that it provides an efficient process for applying for and receiving loan guarantees"
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