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Wind incentive critics unfazed by phaseout
Credit: By Zack Colman | E2 Wire | The Hill | thehill.com ~~
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Translate: FROM English | TO English
The American Wind Energy Association’s (AWEA) phaseout plan for a wind energy incentive failed to move the pegs with many of its GOP critics.
AWEA on Wednesday proposed extending a 2.2 cent per kilowatt-hour credit for wind power production one year, then ramping it down to end after five.
The one-year extension for the credit, which expires Dec. 31, has support from Democrats and Republicans in windy districts. Many other Republicans have yet to offer an opinion on the issue.
The phase-out plan was likely intended to curry favor with the numerous House Republicans who have yet to weigh in on the credit. But a number of GOP lawmakers have called for an immediate end to the credit.
Those lawmakers rejected AWEA’s olive branch, saying the federal government cannot afford an extension or phaseout given the deficit situation.
“I think they’ve called this a ‘phase-out’ because billions more dollars will be phased out of taxpayers’ pocketbooks over the next decade so wind developers can produce puny amounts of electricity and give it away for free while collecting a generous tax credit. It is long past time to end this subsidy,” Sen. Lamar Alexander (R-Tenn.) said in a Thursday statement.
And Corry Schiermeyer, spokeswoman with House Energy and Commerce Energy and Power subcommittee Chairman Ed Whitfield (R-Ky.), said the Kentucky congressman believes the credit “is simply a cost we cannot afford.”
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