[ 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

Pompeo: Federal wind tax credit losing steam  

Credit:  By Tim Carpenter | The Topeka Capotal-Journal | November 20, 2013 | cjonline.com ~~

U.S. Rep. Mike Pompeo affirmed Wednesday growing support for withdrawal of federal tax credits responsible for driving investment in Kansas wind farms but that distort the energy marketplace.

Pompeo, a Republican congressman from Wichita, said wrapping wind production in benefits delivered by the Internal Revenue Service were an intrusion in the domestic economy. At least 50 House members agree with Pompeo, but dissent exists among members of the Kansas congressional delegation and runs counter to the approach sought by Gov. Sam Brownback.

“There’s lots of Republicans who have a different view of that here in Washington, and I’m working to try convince them we’ll be far better off when we get the tax code out of trying to pick amongst winners and losers,” Pompeo said in a conference call from Washington, D.C.

Congress initiated the wind energy production tax credit in 1992 and renewed it for 2013 as part of a fiscal cliff budget deal. It provides utility-scale wind producers 2.2 cents per kilowatt hour.

Tax-writing committees in Congress have yet to consider extension of the credit beyond Dec. 31.

“It expires at the end of the year, and I’m urging my colleagues to simply let it happen,” Pompeo said.

Brownback, who was part of a national coalition last year that successfully pressed for preservation of the tax benefit, continues to believe the federal government should offer the credit to enhance domestic wind development. He believes the credit ought to be gradually reduced as the wind industry expands capacity and transmission ability.

U.S. Sen. Jerry Moran, R-Kan., said in an interview Wednesday wind farming in Kansas served economic interests of rural areas of the state and advanced national security goals related to energy independence.

“I support the production tax credit,” Moran said. “We believe it makes our country more safe and secure.”

U.S. Sen. Pat Roberts, R-Kan., in the past joined Moran in backing extension of the credit, but Pompeo found allies among Kansas GOP Reps. Tim Huelskamp, Lynn Jenkins and Kevin Yoder.

On the strength of the tax credit, Kansas became a leader in wind energy development as the industry invested nearly $3 billion in the state during 2011 and 2012.

Pompeo said the free market rather than tax policy should determine where wind turbines were located in the United States.

“There are places where wind energy will work very, very well,” he said. “Some of those are in Kansas. We need every single energy source developing electricity capacity all across America for the decades to come.”

In the past, Pompeo criticized the wind industry lobby for making tax credit phase-out proposals that didn’t meet the “laugh test.”

Source:  By Tim Carpenter | The Topeka Capotal-Journal | November 20, 2013 | cjonline.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.