Saturday, December 22, 2012

The wind production tax credit still hangs in the fiscal-cliff balance


POSTED AT 12:11 PM ON DECEMBER 21, 2012

 BY ERIKA JOHNSEN ~ Hot Air 



With Congress and the White House currently concentrating their laser-like focus on averting (ornot averting, as the case may be) the fiscal cliff, the fate of various tax extenders is still very much up in the air, including the wind industry’s precious production tax credit (which covers about 30 percent of wind power’s costs — no wonder they’re so keen on keeping it around). The wind lobby is working overtime to convince Congress to pass an extension before the clock runs out on December 31st, but most lawmakers’ concerns are about the bigger fish we still need to fry before the end of the year.

House Speaker John Boehner (R-Ohio) on Tuesday unveiled a “Plan B” approach to avoid most of the looming tax hikes, but it did not address the PTC or other so-called tax extenders. President Obama and Senate Democrats were quick to dismiss the offer.

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5 comments:

Anonymous said...

The wind industry tax credit will survive the fiscal crunch and the wind turbines will be build to your dislikes. then the arguments will all be over, except the long lasting law suits against you and your blogs. Go pres. go and go gov. go. Good bye.

Anonymous said...

Arguments about wind turbines are never over. Especially after they are built. Home values are devastated. Life styles are destroyed. Health is affected.
The community becomes less valuable. In more desolate country settings perhaps it does not matter. But in the Golden Crescent and Thousand Island regions one can justify a better destiny.

That is why I have donated to the:

Blogger's Defense Fund
Box 8
Three Mile Bay, NY 13693

Anonymous said...

The bloggers welfare defense fund
Box 8
Three Mile Bay, NY 13693

Anonymous said...

10:32

I wonder how many people believe that Bp money is behind the lawsuit against all the people who spoke up here?

Anonymous said...

I are a moron. Good bye.