WASHINGTON — American Energy Alliance President Thomas Pyle issued a statement today on House Ways and Means Chairman Dave Camp’s (R-MI) draft tax reform legislation. Chairman Camp’s plan would repeal a number of green energy tax incentives, including the wind Production Tax Credit (PTC). Pyle’s statement reads:
“Chairman Camp’s proposal is an encouraging step toward common sense tax reform that Americans deserve. The Chairman should be commended for his efforts to save taxpayer dollars by ending wasteful green energy subsidies, including the wind PTC.
“The expiration of the PTC at the end of 2013 was a victory for taxpayers. Now, Chairman Camp’s attempt to slash this wasteful handout from the tax code provides another positive sign to the American people. For over twenty years, the PTC has put an unnecessary burden on taxpayers by forcing them to prop up the self-proclaimed ‘infant’ wind industry. The wind industry demands ‘policy certainty’ for wind energy subsidies. Chairman Camp’s plan answers those calls by providing certainty that taxpayers will no longer be forced to foot the bill for Big Wind.”