in News Departments > Policy Watch
print the content item

A coalition of 64 groups has written to Congress, expressing strong opposition to the wind energy production tax credit (PTC).

In the letter, the group - led by conservative organization Americans for Prosperity - urged Congress to let the PTC expire at the end of this year.

"The principal federal support for wind energy - the so-called production tax credit - is scheduled to expire at the end of this year," the organizations wrote. "The undersigned organizations and the millions of Americans we represent stand opposed to extending the wind PTC. This special provision continues the deplorable practice of using the tax code to favor certain groups over others.

“The PTC was created in 1992 to get the wind industry off the ground,” the letter continued. “Yet 20 years later, we have little to show for it. We’re still providing a $5 billion special tax break each year for an industry that supplies just over 2% of our power.

“It is time to end special tax provisions that distort the energy market and increase energy prices,” the letter concluded. “We urge you to let the wasteful wind PTC expire as planned at the end of the year.”



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