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What is the PTC?

Congress enacted the Wind Production Tax Credit (PTC) in 1992 as a temporary measure for an “infant” industry. After propping up the wind industry for more than two decades, the PTC should be eliminated. Subsidized wind power increases electricity costs, harms taxpayers, and destabilizes the electric grid. It is most beneficial to wealthy wind developers who are able to reduce their tax rate at the expense of the rest of the taxpayers and ratepayers. It is past time to end corporate welfare for the mature wind industry.

Latest Posts

California’s Mandate Madness

  • 08/05/16
  • Chris Warren
  • Wind
Next week, Advanced Energy Economy (AEE)—a group co-founded by billionaire environmental activist Tom Steyer—will host its annual event titled “Pathway to 2050.” The name of this conference is in reference to California’s renewable energy mandate that requires the state generate 50 percent of its electricity from renewable sources by the year 2050. California already has...
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Wind Lobby’s Incoming Chairman Spins the Facts

  • 06/02/16
  • Chris Warren
  • Wind
A recent Utility Dive article examines how the wind industry might cope without the wind Production Tax Credit (PTC), which is designated to expire in five years. The wind PTC is a subsidy that pays wind producers a significant sum just for producing wind energy. The Institute for Energy Research (IER) has outlined the ill...
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Key Vote: NO on Omnibus Spending Bill

  • 12/17/15
  • AEA
  • Wind
As Congress considers a massive $1.1 trillion omnibus spending bill, coupled with a $650 billion tax extenders package, the American Energy Alliance urges all members to vote against any legislation that extends the wind Production Tax Credit (PTC), the solar Investment Tax Credit (ITC), and fails to prohibit funds from being repurposed to the Green Climate Fund. According...
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