[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]

LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Coalition to Congress: ‘We urge you to let the wasteful wind PTC expire’  

Credit:  by NAW Staff on Friday 07 September 2012 | North American Windpower | nawindpower.com ~~

A coalition of 64 groups has written to Congress, expressing strong opposition to the wind energy production tax credit (PTC).

In the letter, the group – led by conservative organization Americans for Prosperity – urged Congress to let the PTC expire at the end of this year.

“The principal federal support for wind energy – the so-called production tax credit – is scheduled to expire at the end of this year,” the organizations wrote. “The undersigned organizations and the millions of Americans we represent stand opposed to extending the wind PTC. This special provision continues the deplorable practice of using the tax code to favor certain groups over others.

“The PTC was created in 1992 to get the wind industry off the ground,” the letter continued. “Yet 20 years later, we have little to show for it. We’re still providing a $5 billion special tax break each year for an industry that supplies just over 2% of our power.

“It is time to end special tax provisions that distort the energy market and increase energy prices,” the letter concluded. “We urge you to let the wasteful wind PTC expire as planned at the end of the year.”

Source:  by NAW Staff on Friday 07 September 2012 | North American Windpower | nawindpower.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

Wind Watch on Facebook

Follow Wind Watch on Twitter