The American Public Power Association and two other groups are urging Obama administration officials to authorize more funds for clean renewable energy bonds, which can be issued as direct-pay as well as tax-credit bonds.

“As we enter 2011, the CREB program is out of funding,” the APPA, the National Rural Electric Cooperative Association, and the National Hydropower Association said in a two-page letter sent last week to Treasury Secretary Timothy ­Geithner. “Therefore, we are requesting that the administration’s [fiscal 2012] budget recommend significant funding for the ­program.”

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