"Twenty years of subsidizing wind is more than enough."
From CNBC
24 Sep 2012
WASHINGTON - Forty-seven Republicans in the U.S. House of Representatives are pushing Speaker John Boehner to eliminate the wind production tax credit, a tax break that has split Republicans and drawn criticism from presidential hopeful Mitt Romney.
Democratic President Barack Obama has urged Congress to extend the credit, which dates to 1992 and has support from Republicans in states that are home to wind farms and manufacturing plants, such as Iowa and South Dakota.
The credit has other powerful proponents in big companies that buy wind energy. Heavyweights including Microsoft Corp, Sprint and Hewlett-Packard have urged renewal. The industry calls it vital...
1 comment:
Those among us who felt gratified by Romney's position on the PTC, let it die, should be a little more concerned about the PTC's resurrection from its ashes. Romney's campaign is currently in the ditch and if he fails in November the PTC may see its revival.
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