Renewable Energy: ACORE's Eckhart says energy tax credits can pay for themselves, urges immediate action

As the Senate tries to find a way to pay to extend renewable energy tax credits that are set to expire at the end of this year, investors and industry leaders are calling for immediate action in order for the business community to be affected as minimally as possible. During today's OnPoint, Michael Eckhart, president of the American Council on Renewable Energy, discusses international trends for renewable energy investment and implementation and explains the effect renewable energy tax credit uncertainty is having on businesses throughout the United States. Eckhart also discusses a conversation he had with President Bush at last week's WIREC conference relating to the extension of renewable energy tax credits and discusses the future of the green-collar job market.