ABB_id2059
in News Departments > Policy Watch
print the content item

After both presidential candidates expressed their support for wind energy at Tuesday night's debate, President Barack Obama was back on the campaign trail in Iowa, which is second in the nation in installed wind energy capacity and a state that could lose many more wind jobs if the production tax credit (PTC) is not extended.

Although Mitt Romney said Tuesday night that he supports wind jobs, the former Massachusetts governor has publicly stated that he opposes the PTC - a stance Obama slammed at a campaign event the next day.

“I've got to tell you, Iowa, this is not a pipedream - there are nearly 7,000 jobs in Iowa right now depending on wind energy,” Obama said. “Last night, Gov. Romney claimed he didn’t have a plan to end wind jobs in Iowa, but he called these jobs ‘imaginary.’

“His plan would end tax credits for wind energy producers - that is a fact,” he continued. “My plan will keep these investments, and we’ll keep reducing the carbon pollution that’s also heating the planet, because climate change isn't a hoax.”

The PTC has widespread bipartisan support in Iowa, including from Sen. Chuck Grassley - the author of the original PTC - and Gov. Terry Branstad, who are both Republicans.



Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015