in News Departments > Policy Watch
print the content item

Sen. Lamar Alexander, R-Tenn., who has been one of the most vocal congressional opponents of the wind energy production tax credit (PTC), has sponsored a budget amendment in the U.S. Senate that would repeal the PTC - which he calls a "wasteful federal taxpayer subsidy for unreliable, expensive wind energy" - in order to help pay for the repeal of the federal government's excise tax on medical devices.

"This amendment is about ending two damaging tax policies that are costing Americans billions of dollars, and costing Tennesseans good jobs," Alexander said when sponsoring the amendment. “It gets rid of a 20-year-old, multibillion-dollar subsidy for unreliable, expensive wind energy that stands no chance of powering our nation’s 21st century economy, and it repeals the Obamacare tax on life-saving medical devices - Tennessee’s top export and an important source of good jobs.

“The federal government’s taxpayer subsidy of wind is interfering with the marketplace,” Alexander continued. “After receiving the subsidy for 20 years, the wind industry produces only nine percent of our pollution-free electricity. It’s time for wind power to take its place in our free-market system and compete with natural gas, nuclear and coal.”

The medical-device tax places a 2.3% excise tax on medical device manufacturers. Alexander says the amendment’s ultimate goal would be to repeal both the PTC and the medical-device tax without increasing the federal debt.


Trachte Inc._id1770
Latest Top Stories

Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.


Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


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?

Renewable NRG_id1934
Canwea_id1984
UnitedEquip_id1995
Future Energy_id2008