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The (Too Short) Extension of Section 1603 Renewable Energy Cash Grants

Paul Dickerson

The Electricity Journal, 2011, vol. 24, issue 2, 27-33

Abstract: If section 1603's planned 2010 expiration was a time bomb, its recent extension has merely replaced a short fuse with an even shorter one. The one-year extension will limit section 1603's effectiveness at encouraging investment and development. Section 1603 deserves to be renewed for the long term, or even made permanent.

Date: 2011
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Handle: RePEc:eee:jelect:v:24:y:2011:i:2:p:27-33