{"id":5629,"date":"2013-12-27T18:30:47","date_gmt":"2013-12-27T18:30:47","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=5629"},"modified":"2013-12-27T18:34:27","modified_gmt":"2013-12-27T18:34:27","slug":"fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2013\/12\/27\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\/","title":{"rendered":"Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits"},"content":{"rendered":"

\"Jim<\/a>It 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.\u00a0 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.\u00a0 So it is not surprising that fossil fuel companies defend their subsidies and tax breaks<\/a> and don\u2019t want clean energy competitors to cut into their support. \u00a0<\/p>\n

Around this time last year, renewable energy advocates were announcing good news<\/a> \u2013 the production tax credit that helped spark remarkable growth in America’s wind energy industry had been extended through 2013. \u00a0And it amounted to more than just a one year bump. \u00a0Because the extension applied to projects begun<\/i> in 2013, rather than completed<\/i> in 2013, the credit could be applied to more projects over a longer period of time.\u00a0<\/p>\n

But this December, the extension is scheduled to expire and forces are lining up<\/a> to speak out against the production tax credit\u2019s future. \u00a0<\/p>\n

Enter the Koch brothers, oil billionaires who also own large coal companies. \u00a0Their political arm, Americans for Prosperity, is targeting vulnerable Republican members of Congress with an estimated $75 million ad campaign urging them to let the production tax credit expire this December “once and for all.” \u00a0As they see it, the support of tax credits for renewable energy is considered \u2018meddling,\u2019 but the estimated $447 billion in tax dollars<\/a> through subsidies and tax breaks that fossil fuel companies have received since 1918 isn\u2019t. \u00a0<\/p>\n

\"iStock_000016587533Medium\"<\/a>The fact that renewable energy tax credits have to be debated every year or two certainly gives the impression that the industry can’t compete on its own without them. \u00a0But the truth is that the fossil fuel industry has been propped up by the federal government for nearly 100 years and likely could not maintain its competitive edge without the government\u2019s support. \u00a0Fossil fuel industry leaders recently admitted to this weakness when U.S. Senate Finance Committee Chairman Max Baucus put forth a proposal to end cherished tax breaks for oil and gas drillers, stating that, if adopted, this provision would \u201ccripple\u201d<\/a> the recent shale oil boom.\u00a0<\/p>\n

The subsidies and tax loopholes that fossil companies have exploited over the last century would make most reasonable people blush.\u00a0 But not the Koch Brothers. \u00a0They want more, and that means killing legislation<\/a> that would jeopardize the coal industry. \u00a0And because coal subsidies don\u2019t have to be renewed every year, we don\u2019t get to have a debate about why an industry that is supposedly so competitive and so good for America needs the kind of government aid that renewable energy companies are seeking.<\/p>\n

If the Koch Brothers and the fossil fuel industry want to even competition in the energy sector, let them forego all of their governmental favoritism, tax breaks and subsidies first. \u00a0Until the government and market begin valuing clean energy resources fairly, we\u2019ll be back here next year having the same debate.<\/p>\n","protected":false},"excerpt":{"rendered":"

It 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.\u00a0 Even though wind power is a clean, renewable, homegrown form of energy that is …<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[439,177],"tags":[45549,40251],"coauthors":[],"class_list":["post-5629","post","type-post","status-publish","format-standard","hentry","category-climate","category-renewable-energy","tag-koch-brothers","tag-wind-ptc"],"acf":[],"yoast_head":"\nFossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits - Energy Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/energyexchange\/2013\/12\/27\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits - Energy Exchange\" \/>\n<meta property=\"og:description\" content=\"It 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.\u00a0 Even though wind power is a clean, renewable, homegrown form of energy that is ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.edf.org\/energyexchange\/2013\/12\/27\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\/\" \/>\n<meta property=\"og:site_name\" content=\"Energy Exchange\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-27T18:30:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2013-12-27T18:34:27+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/blogs.edf.org\/energyexchange\/wp-content\/blogs.dir\/38\/files\/2013\/07\/Jim-Marston-Photo1-214x300.jpg\" \/>\n<meta name=\"author\" content=\"Jim Marston\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@JimMarston\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jim Marston\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/\"},\"author\":{\"name\":\"Jim Marston\",\"@id\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/#\\\/schema\\\/person\\\/7d88fede15d2d3e5a52362920ba70473\"},\"headline\":\"Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits\",\"datePublished\":\"2013-12-27T18:30:47+00:00\",\"dateModified\":\"2013-12-27T18:34:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/\"},\"wordCount\":533,\"commentCount\":6,\"image\":{\"@id\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/wp-content\\\/blogs.dir\\\/38\\\/files\\\/2013\\\/07\\\/Jim-Marston-Photo1-214x300.jpg\",\"keywords\":[\"Koch Brothers\",\"Wind PTC\"],\"articleSection\":[\"Climate\",\"Renewable Energy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/\",\"url\":\"https:\\\/\\\/blogs.edf.org\\\/energyexchange\\\/2013\\\/12\\\/27\\\/fossil-fuel-industry-and-koch-brothers-align-to-kill-extension-of-wind-energy-tax-credits\\\/\",\"name\":\"Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits - 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