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The American Wind Energy Association (AWEA) sent a letter to Congress on June 18 in opposition to the PTC Elimination Act, a bill that would phase out and eventually end a subsidy that has funneled billions of taxpayer dollars into the wind industry over the last two decades. While AWEA claims that the PTC creates […]
The House and Senate energy committees are currently considering a variety of energy reform proposals. Given the poor track record of broad “energy bills” such as Energy Policy Act of 2005 (which created the Renewable Fuel Standard) or the Energy Independence and Security Act of 2007 (which expanded the RFS), it is paramount to focus […]
This week, AEA President Tom Pyle penned an op-ed in The Hill decrying the wind industry’s dependence on taxpayer-funded corporate welfare. Below is the text of the op-ed: Does wind lobby care more about keeping word or handouts? By Thomas Pyle As the 2016 presidential race takes shape, here’s an idea Republican and Democratic contenders alike can […]
This week, Reps. Kenny Marchant and Mike Pompeo introduced H.R. 1901, a bill to eliminate the wind Production Tax Credit (PTC).This legislation has several important provisions. First, it repeals the inflation adjustment, which would save taxpayers approximately 35% for the reminder of the ten-year window. It slightly adjusts and tightens the “beginning of construction” language […]
WASHINGTON – Today, the American Energy Alliance lauded Representatives Kenny Marchant and Mike Pompeo for introducing H.R. 1901, a bill to eliminate the wind Production Tax Credit (PTC). The bill tightens eligibility requirements for new wind projects, ends an inflation adjustment provision—saving taxpayers about 35 percent—and repeals the underlying statute so the subsidies will stop […]
The wind industry often peddles the false claim that conventional energy sources like natural gas, coal, and nuclear receive more subsidies than wind power. Industry lobbyists at the American Wind Energy Association (AWEA) use this myth as a talking point to push for more subsidies, including the federal Production Tax Credit. In reality, the exact […]
Randy Simmons, professor of political economy at Utah State University, recently co-authored an article with Strata Policy Analyst Megan Hansen that sheds light on the true, hidden cost of wind power. Simmons and Hansen find that the enormous amount of federal subsidies and grants given to wind power every year make it hard for Americans to understand just […]
From FY 2010 to 2013, wind subsidies increased by 9 percent from $5.4 billion to $5.9 billion. So while you’re paying your hard-earned taxes, know that Big Wind is living large.
Amid last week’s fierce Senate debate over the Keystone XL pipeline bill, Sen. Chuck Schumer of New York made light of the economic benefits of the pipeline when he said, “The fact is that the Keystone would create only 35 permanent jobs—a drop in the bucket. A fried chicken franchise creates about as many jobs.” […]
This week the American Wind Energy Association’s (AWEA) CEO Tom Kiernan published an op-ed at The Hill‘s Congress Blog titled “The State of the Wind Industry is Strong.” We noticed that Mr. Kiernan’s piece omitted several important points about the state of American wind energy, so we took it upon ourselves to make those additions for him, our […]
