RPS and Tax Credits supported in House Energy Bill

Here's a few posts that hit regarding the anticipated House of Representatives RPS and Tax Credit bill passed on Saturday.

House Passes Solar Tax Credits and RPS in Energy Bill, Renewable Energy Access

House Passes Energy Bill; Transportation Focus on Biofuels, Mass Transit and Plug-Ins, Green Car Congress

Good News For New Energy, Good News for the U.S. of A., NewEnergyNews

The House voted on a renewable power standard requiring 15% of energy supplied by utilities to originate from renewable sources by 2020. The Senate passed a bill in June, which did not include the RPS or solar tax credits, however the Senate passed fuel efficiency standards for automobiles.

Both the Senate and House will reconcile the respective bills in the fall, however it has been noted that the White House may veto the legislation, citing high energy costs and a lack of stimulus for domestic energy production. If the legislation does pass, however - it would be the first time the federal government has mandated a proportion of energy generation from renewable sources - a step in the right direction.