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

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015