EIA: Extending renewables' credits would reduce emissions

04/30/2013 | Platts

The U.S. should both extend the tax credits for renewable energy and increase energy efficiency standards to significantly drive down overall energy use through 2040, according to the Energy Information Administration. Extending the renewable-energy tax credits "generally lead to lower estimates for overall energy consumption, increased use of renewable fuels particularly for electricity generation and reduced energy-related carbon dioxide emissions," EIA said.

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