Selected tags: Wind PTC Extension

Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits

Jim Marston, Environmental Defense, Austin, TXIt seems that every year, renewable energy advocates are forced to respond to some false claims made by oil or coal interest groups trying to mislead the public and legislators into believing that solar and wind energy are not worth supporting.  Even though wind power is a clean, renewable, homegrown form of energy that is good for people, business and the environment, fossil fuels are simply hardwired into this country's DNA.  So it is not surprising that fossil fuel companies defend their subsidies and tax breaks and don’t want clean energy competitors to cut into their support.  

Around this time last year, renewable energy advocates were announcing good news – the production tax credit that helped spark remarkable growth in America's wind energy industry had been extended through 2013.  And it amounted to more than just a one year bump.  Because the extension applied to projects begun in 2013, rather than completed in 2013, the credit could be applied to more projects over a longer period of time.  Read More »

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