Obama Alternative Energy Biography
Renewable Energy Industry Weighs In On Obama Victory
Salt Lake City, UT -- With the 2012 election over and President Barack Obama's re-election secured, U.S.-based renewable energy producers are already looking ahead to what they expect will be four more years of continued support for their endeavors.
A Collective Sigh of Relief
According to Ed Feo, co-founder of USRG Renewable Finance (USRGRF), last night’s Obama win brings “a continuation of policies that are favorable to renewables.” Feo also sees one of the chief issues at hand, the impending expiration of the wind energy Production Tax Credit on December 31, as one that will likely receive robust support as a consequence of the election results. “I think the Obama administration will push for that,” Feo said.
Feo isn’t the only one who’s perceiving Obama’s victory as a new breath of life for a group of industries whose futures may have seemed in question during certain points throughout the 2012 election season. For Scott Sklar, President of The Stella Group, the Obama re-election has “significant and consequential positive impact on growth and development of the U.S. energy efficiency and renewable energy industries.”
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