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Lankford pushes for end to federal wind production subsidy 

Credit:  By Associated Press | okcfox.com ~~

U.S. Sen. James Lankford is pushing for an end to a federal tax subsidy for the production of electricity through wind power.

The first-term Republican from Oklahoma introduced an amendment Tuesday that would not allow any more companies to qualify for the tax credit after 2019. The amendment was proposed to the Energy Policy Modernization Act of 2016, which is being debated in the Senate this week.

Lankford says he supports wind and renewable energy sources, but doesn’t believe taxpayers should be forced to subsidize an industry that already is well established.

The federal tax credit for wind production was renewed by Congress in December.

The federal credit is separate from several state tax incentives offered to the wind industry, which has grown dramatically in Oklahoma during the last decade.

Source:  By Associated Press | okcfox.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 educational 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.

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