Lawmakers Mull Two New Clean Energy Bills

Law360, New York (May 15, 2007, 12:00 AM EDT) -- Two new measures aimed at funding and improving clean energy technologies have been introduced into the U.S. Senate as part of a comprehensive package of bills aimed at achieving greater energy independence and saving consumers money on energy costs.

Sen. Maria Cantwell (D-Wash.) on Friday introduced S. 1370, or the Clean Energy Investment Assurance Act, which would amend the Internal Revenue Code of 1986 to ensure more investment and innovation in clean energy technologies.

The bipartisan bill would provide predictable federal tax incentives for the construction...
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