U.S. Secretary of Energy Steven Chu, in Denver on Wednesday, called on Congress to act on extending clean-energy tax credits, which he said will help American companies create jobs and produce clean, renewable power.
“America can’t afford to miss out on the clean- energy opportunity,” Chu said. “We have an opportunity to create a second Industrial Revolution that will provide clean energy and put us on a path to a sustainable world.”
Chu was in Denver to address the World Renewable Energy Forum. The week-long biennial meeting is being attended by about 3,000 renewable-energy representatives, advocates and policymakers from 66 countries.
The wind-energy tax credit has stumbled in Congress despite wide support among Republicans and Democrats in Colorado. But the production-tax-credit extension — which costs $4.1 billion over 10 years and includes some other renewables such as geothermal — has repeatedly failed in the U.S. Senate.