Tag: wind ptc

The American Energy Alliance joined this week with 19 other organizations in opposition to the wasteful wind Production Tax Credit (PTC). In a letter to the House of Representatives, the coalition encourages Members to support H.R. 1901, a bill introduced by Congressmen Marchant and Pompeo earlier this year to eliminate the wind PTC. Below is an excerpt from the letter: […]

With little debate and no opportunity for amendments, the “world’s greatest deliberative body” this week rushed a package of tax breaks through the Senate Finance Committee. The bill, called a tax extenders package, is an affront to the American taxpayer. Only Senators Toomey (R-PA), Coats (R-IN), and Enzi (R-WY) opposed the package. They should be […]

Last week, news reports indicated the Senate Finance Committee will soon mark up legislation to retroactively extend a number of tax provisions that expired at the end of last year. Of note in this package is the wind Production Tax Credit (PTC). This would be the 10th extension of the PTC since it became law […]

This summer, the Environmental Protection Agency (EPA) will finalize its Climate Rule regulating carbon dioxide emissions from power plants—what EPA euphemistically calls its “Clean Power Plan.” The Climate Rule is the foundation of President Obama’s broader agenda to restrict the use of America’s natural energy resources. Also central to the president’s climate agenda is the […]

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 […]