in News Departments > Policy Watch
print the content item

On the heels of his visit to Pueblo, Colo., President Barack Obama re-emphasized his support for wind energy in Iowa, which ranks second in the nation in wind power capacity.

Again, Obama criticized his opponent, Republican presidential candidate Mitt Romney, for his stance on the PTC.

"Right now, homegrown energy - things like wind energy, [which is] creating new jobs all across states like Iowa - and Gov. Romney wants to end tax credits for wind energy producers," Obama said. “America now produces twice as much electricity from wind as we did before I took office. We’ve doubled the amount of electricity we’re producing with wind.”

The president continued by stressing a reality with which the wind industry is already painfully familiar.

“The wind industry supports about 7,000 jobs in Iowa,” Obama said. “Without these wind energy tax credits, a whole lot of these jobs would be at risk - 37,000 jobs across this country would be at risk.”

The PTC has received widespread bipartisan support throughout the country, especially in Iowa. Sen. Chuck Grassley, R-Iowa, was the author of the first-ever wind energy PTC legislation and has repeatedly pushed for the tax credit’s renewal.

Likewise, Rep. Tom Latham - also a Republican - slammed Romney last month for his decision not to support the PTC.

“I’m disappointed that the statement by Gov. Romney’s spokesperson shows a lack of full understanding of how important the wind energy tax credit is for Iowa and our nation,” he said in July. “It’s the wrong decision. Wind energy represents one of the most innovative and exciting sectors of Iowa’s economy.”



Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965