Laidlaw Energy Group, Inc.(fka LLEG)

[discreet_suffolk]

FOR IMMEDIATE RELEASE

December 10, 2010

Contact:

Angel Albert, Governor’s Office

[phone]

[e-mail]

WASHINGTON, D.C. – Governor Chet Culver today applauded the Bipartisan Tax Compromise bill that was introduced last night in the U.S. Senate. The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 includes extensions to the ethanol and biodiesel tax credits. The compromise bill also includes a yearlong extension of the U.S. Treasury Department's Section 1603 program, a renewable energy grant in lieu of tax credit which is important to the wind energy industry.

Culver is the chair of the Governors’ Biofuels Coalition as well as the chair of the Governors’ Wind Energy Coalition. He has been in Washington, D.C. this week working to ensure that the ethanol and biodiesel tax credits were extended as a part of this package.

“I am proud of the fact that Senator Reid, Senator Harkin, and others are putting renewable and alternative energies into this important legislation,” Culver said. “This bill will also extend unemployment benefits to thousands of Iowans during these unprecedented times. Because we are the leader in both ethanol and biodiesel production, and we are second in the nation in wind energy production, these tax credits and grants will have a huge impact on maintaining and creating jobs in Iowa. We've shown what's possible in Iowa. This is how to ensure our economy will continue on the path to a full recovery."

http://www.iowapolitics.com/index.iml?Article=220398