Date: June 19, 2007
Source: SWANA
SWANA SUMBITS COMMENTS TO CHAIRMAN DINGELL
COMMENTS ABOUT SWANA'S POSITION ON RPS
The Solid Waste Association of North America (SWANA) submitted comments to House Energy and Commerce Committee Chairman John D. Dingell (D-MI) and to Energy and Air Quality Subcommittee Chairman Rick Boucher (D-VA) regarding SWANA's position on a federal renewable portfolio standard(RPS). In the comments, SWANA recommends four characteristics that it believes any RPS must include.
SWANA advises: (1) The RPS should not take the place of a renewable energy production tax credit or renewable energy production incentives, but serve as a companion to direct financial incentives in the form of tax savings for renewable energy production; (2) The RPS should value landfill gas to energy and waste-to-energy at the same level as other renewable energy resources; (3) It should be fair in the treatment of different renewable energy resources and ensure that our country achieves a broad portfolio of renewable energy; (4) The renewable attributes or renewable energy credits should be unbundled so that they do not necessarily have to be transferred to the power purchaser, but may be transferred to another party.
"SWANA is pleased to provide continued input to Congress on this issue," says John H. Skinner, Ph.D., Executive Director and CEO of SWANA. "Waste-to-energy and landfill gas are valuable renewable energy resources that can aid in the effort to reduce greenhouse gas emissions."
The complete letter: www.swana.org/pdf/swana_pdf_656.pdf.
About SWANA
For over 40 years, SWANA, The Solid Waste Association of North America, has been the leading professional association in the solid waste management field. SWANA's mission is "to advance the practice of environmentally and economically sound management of municipal solid waste." SWANA serves over 7,600 members and thousands more industry professionals with technical conferences, certifications, publications and a large offering of technical training courses.
For more information, contact:
Evan Von Leer
Marketing Communications Coordinator
evonleer@swana.org.
www.swana.org.
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SWANA SUPPORTS RISE ACT WITH NECESSARY AMENDMENTS
FOR IMMEDIATE RELEASE
Evan Von Leer
Marketing Communications Manager
evonleer@swana.org
SWANA SUPPORTS RISE ACT WITH NECESSARY AMENDMENTS
ASSOCIATION CALLS FOR INCENTIVES TO BENEFIT LOCAL GOVERNMENTS
Silver Spring, MD (June 5, 2007)—SWANA has proposed three amendments to the RISE Act of 2007, introduced this week by Senators Snowe (R-ME) and Carper (D-DE). In a letter to the Senators, SWANA requested: a revision of the definition of recycling to include composting, the option of a tax credit as an alternative to accelerated depreciation, and a mechanism for the public sector to directly benefit from the financial incentives.
SWANA applauds the last provision of the bill, which clarifies the definition of a solid waste disposal facility to allow for recycling facilities to qualify for the tax-exempt bond financing. SWANA strongly supports this provision of the bill and hopes the bill will be amended so SWANA will be in a position to offer its full support for the RISE Act.
"SWANA looks forward to supporting a bill that includes a way for the public sector to directly benefit from new recycling initiatives," said John H. Skinner, Ph.D., Executive Director and CEO of SWANA. "As stated in our letter, we believe that local and state governments are responsible for the management of municipal solid waste, and they must therefore have the tools and financial resources to manage waste responsibly."
In addition to the letter to the senators, SWANA has created an Action Alert Letter on its online Action Center. The alert provides a letter and talking points so that solid was professionals can take action and write to their senators encouraging the amendments. The Action Center can be found on the SWANA homepage at www.SWANA.org.
Adding composting to the RISE Act will allow the bill to have a substantial impact on recycling rates, as almost a third of the waste stream is made up of compostable materials.
A tax credit would serve as a financial incentive to a multitude of recyclers, providing flexibility for equipment purchases. The accelerated depreciation option does not provide a substantial cost savings for SWANA members, depending on the type and cost of certain equipment. According to the letter, the 2005 RISE Provisions, introduced by former Senator Jeffords as an amendment to the Energy Policy Act of 2005, H.R. 6, included a tax credit and was passed by the Senate. SWANA questions why this approach was abandoned this year as a RISE tax credit would "take into account the needs of a broad range of recyclers, recycling activities, and equipment."
As currently drafted, the RISE bill would not support the role of local and state governments to manage municipal solid waste. The lack of financial incentives to municipalities and other local governments makes them "less competitive due to new cost savings provided to the private sector." With no evidence that savings provided to the private sector will be passed to the public sector, SWANA called for a mechanism for the public sector to directly benefit from the tax savings. SWANA proposed three possible options for a mechanism of direct benefit to the public sector, these being (1) assignability of tax savings, (2) providing tax savings to the supplier and not the purchaser, and (3) a Governmental bonds program. A more detailed description of these can be read in the letter to the senators.
To read the letter sent to Senators Snowe and Carper, click here.
To send a letter to your senator from SWANA's Action Center, click here.
To read the Clean Renewable Energy Bonds (CREBs) Fact Sheet, included with the letter to Senators Snowe and Carper, click here.
About SWANA:
For over 40 years, SWANA, The Solid Waste Association of North America, has been the leading professional association in the solid waste management field. SWANA's mission is "to advance the practice of environmentally and economically sound management of municipal solid waste." SWANA serves over 7,600 members and thousands more industry professionals with technical conferences, certifications, publications and a large offering of technical training courses.
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