August 19, 2014
ICYMI: Big Wind Doesn’t Need Welfare
“Congress has a decision to make: Will they stand with American families or with Big Wind’s high-powered lobbyists?” -AEA President Thomas Pyle
WASHINGTON – The American Energy Alliance has long argued that the wind industry should no longer receive the taxpayer-funded wind Production Tax Credit (PTC). In a recent interview with the Casper Star-Tribune, Power Company of Wyoming CEO Bill Miller stated that the 3,000-megawatt Chokecherry and Sierra Madre wind facility in Wyoming does not require the wind PTC:
“Because of the size and the quality of the resource we have for the project, this project can be done without the production tax credit.“Quite frankly, though, it would be very beneficial to the project and the market if it were available, but it is not necessary for it to be viable. There are probably not a lot of projects today that could say it doesn’t matter. It does matter, but it is not absolutely required.”
Click here to read the full story in the Casper Star-Tribune.
“This reinforces what we have known all along—the wind industry is no longer an infant and should not be treated like one,” said AEA President Thomas Pyle.
“For over two decades, Americans have been pouring their tax dollars into propping up an industry that has been around for over a century. Extending this handout will cost American families billions of dollars. Congress has a decision to make: Will they stand with American families or with Big Wind’s high-powered lobbyists?” He added.
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