WASHINGTON – Tomorrow, July 12, 2012, U.S. Secretary of Energy Steven Chu and Deputy Secretary of Energy Daniel Poneman will attend clean energy events across the country to echo President Obama’s call for the extension of clean energy tax credits and critical tax programs like the Production Tax Credit that support U.S renewable energy generation and are helping to put thousands of Americans to work nationwide.
Secretary Chu will join Milwaukee Mayor Tom Barrett to tour Ingeteam’s expanded manufacturing facilities in Milwaukee’s Menomonee Valley, where he will highlight the need to extend clean energy tax credits and support the continued growth of clean energy industries in Wisconsin and nationwide. Ingeteam received a $1.66 million Advanced Manufacturing Tax Credit to build a new $21 million campus in Milwaukee’s Menomonee Valley, hire local workers, and begin production of their wind turbines here in the U.S.
The Secretary will then travel to the University of Wisconsin-Madison to visit the Energy Department’s Great Lakes Bioenergy Research Center (GLBRC), which is pursuing cutting-edge research to develop advanced biofuels that have the potential to dramatically reduce America’s dependence on foreign oil.
Deputy Secretary Poneman will highlight President Obama’s all-of-the-above energy strategy during a series of clean energy events in Houston, Texas. These events include an open press tour of Proinlosa Energy Corp., a company in the wind turbine manufacturing supply chain that develops tower parts and has benefitted from the Production Tax Credit (PTC). The PTC, which provides an important tax credit to utility-scale wind producers in the United States, is set to expire at the end of this year. The wind industry projects that nearly 30,000 jobs will be lost next year if the PTC expires, including direct jobs as well as those in the wind energy supply chain.
Deputy Secretary Poneman will then participate in a clean energy business roundtable and a public meeting of the National Petroleum Council, during which he will announce new awards to support innovations in natural gas vehicles.
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