NEWS FLASH

Sen. Bingaman: Extend Green Energy Credits In Payroll Tax Cut Bill | Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-NM) is pushing his congressional colleagues to include several tax credits for green energy in the payroll tax cut extension package. Tax credits for renewable electricity projects will expire at the end of the year, and others have already expired. “This group of lawmakers should not consider its job done until it has found a way to extend the job-creating credits that expired at the end of 2011, and to proactively extend the credits that will expire at the end of 2012,” Bingaman writes in an op-ed in The Hill. A new report backs up Bingaman’s jobs claim; a study shows that California’s green jobs were twice as resilient during the recession in 2009.