I would like to thank Ohio’s Senator Rob Portman for his stand against renewal of the Production Tax Credit. Over the past 20 years, American taxpayers have seen little return from the forced investment in wind energy. This handout consistently fails to deliver on its promise of long-term job creation, economic activity, and affordability. It promotes government favoritism in the energy marketplace, threatens the reliability of the energy grid and another two year extension will cost the taxpayers over $12 billion. Recent reports and studies have also shown that subsidizing wind energy results in higher electricity costs for American families.
So thank you Ohio’s Senator Rob Portman for opposing the renewal of the PTC. American taxpayers deserve a portfolio of energy solutions that are economically viable, not those that have to be propped up by carve outs in the tax code.
Mary Kay Klausing