in News Departments > Policy Watch
print the content item

Rep. Mike Pompeo, R-Kans., a member of the House Energy and Commerce Committee, is leading an attack against the wind production tax credit (PTC). The congressman and about 50 other House members have jointly issued a letter asking House Ways and Means Committee Chairman David Camp, R-Mich., to allow the incentive to expire and not include an extension in tax reform or tax extenders legislation.

"The growth in wind is driven not by market demand, but by a combination of state renewable portfolio standards and a tax credit that is now more valuable than the price of the electricity the plants actually generate," the letter reads. "As the House Ways and Means Committee takes on the commendable, but difficult, task of enacting revenue-neutral tax reform legislation, the PTC should be excluded from there or in any tax extenders legislation that the committee may consider."

Pompeo says his call to end the wind PTC has garnered bi-partisan support, including from Rep. Nick Rahall, a Democrat from West Virginia. The full letter is available HERE.



Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.


How To Mitigate Blade Issues And Costly Downtime

Routinely inspecting your turbine's blades can help identify problems early on, ultimately cutting down unscheduled maintenance costs.

Renewable NRG_id1934
Canwea_id1984