Thursday, March 7, 2013

PTC OPPONENTS RE-GATHER TO OPPOSE CREDIT


PTC OPPONENTS RE-GATHER TO OPPOSE CREDIT: Just months after the wind power production tax credit won a last-minute renewal by Congress, opponents of the subsidy are circling the wagons to make sure it doesn’t happen again.
 The loose coalition of anti-PTC groups has just begun meeting to map out an advocacy and lobbying strategy. They’re seeking to attract like-minded members of Congress and the public, raise the issue’s profile and take aim at wind power jobs claims from the industry.

The first salvo is a study being released Thursday by the conservative National Center for Public Policy Research and AEA, which is connected to the free-market think tank Institute for Energy Research. 
Job creation and loss figures put out by the American Wind Energy Association are inflated, according to the new study. AWEA’s study "relies on biased, inflated wind capacity forecasts," "incorrectly applies economic models," and "fails to consider job creation opportunities from building other generation sources instead of wind," the report says.

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