in News Departments > New & Noteworthy
print the content item

While the discussions about avoiding the so-called fiscal cliff dominate lame duck Congress, the American Wind Energy Association (AWEA) says that talks surrounding the expiring production tax credit (PTC) for wind are taking place - in private.

On Dec. 9, President Obama and Speaker of the House John Boehner held a closed-door meeting but did not release the details of their conversation, according to Peter Kelley, AWEA spokesperson.

Currently, the White House has issued a fiscal cliff proposal, which included an extension of the production tax credit (PTC) and other business tax credits, notes Kelley, who adds that Boehner rejected this proposal and countered with another. However, Boehner's proposal did not provide specific details of business tax credit extensions.

According to Kelley, Republican and Democratic legislators will first have to come together to agree on larger issues, such as tax rates and entitlement spending, before focusing on business tax credit extensions.

Kelley cautions that it is possible that legislators will not come to an agreement on a package before a Dec. 21 adjournment. "If that happens, we expect that they would return to session to come to a final agreement and take votes during the last week of December."

"Ultimately," he says, "we expect that the PTC will be extended as part of a fiscal cliff package."


Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


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.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Tower Conference_id1965