[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

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


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

Pull the plug on wind energy funding  

Credit:  The Tribune-Democrat | December 12, 2012 | tribune-democrat.com ~~

The U.S. House and Senate should not extend the wind production tax credit that has subsidized the wind industry since 1992. This tax expenditure is due to expire at the end of this year, and it should be allowed to do so, permanently. Renewing the production tax credit would cost billions that our nation simply cannot afford.

It has been evident for years that government support for wind energy development is very costly and has failed to establish industrial-scale wind as a self-sustaining contributor to meeting our energy needs.

After more than three decades of government subsidies, the wind industry cannot support itself, does not make a significant contribution to meeting our energy needs and has no realistic prospects for doing so in the foreseeable future.

Since the production tax credit was first introduced in 1992, the government has provided $40 billion to the wind energy industry in tax credits and cash grants, with these costs dramatically increasing in recent years. In the past year alone, nearly $5 billion has been distributed.

There is no plausible justification for continuing this spending, and certainly not when the nation is facing the huge debt and deficits prevailing today.

Our federal legislators should let the wind production tax credit expire.

Stan Kotala


Source:  The Tribune-Democrat | December 12, 2012 | tribune-democrat.com

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

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.