Congressional Members Call for an End to the Wind PTC

WASHINGTON – Congressman Mike Pompeo (R-KS) and 51 other Members of Congress have joined today in opposition to another extension of the wasteful wind production tax credit (PTC). In a letter sent to Chairman Dave Camp (R-MI) of the House Committee on Ways and Means, the Congressional signatories call for the permanent expiration of the wind PTC. AEA President Thomas Pyle released the following statement:

“The American Energy Alliance welcomes Congressman Pompeo’s renewed efforts to end this special interest giveaway to the wind lobby. It is now time for the rest Congress to follow suit and allow the wind PTC to expire at the end of the year. The expiration of this decades old government giveaway is long overdue, yet the wind industry continues to rake in federal dollars and distort energy markets at great cost to American consumers. Last year’s extension of the wind PTC expanded the program and fleeced taxpayers to the tune of $12.1 billion. Another one-year extension would add another $6 billon to the tab. The wind industry is no longer the infant that it professes to be and no longer needs the wind PTC. The Pompeo effort comes at an important moment as Congress finally begins to consider tax reform. Powerful and well-financed lobbyists are working overtime to push Chairman Camp to bury another wind giveaway in any reform proposal. Growing bipartisan opposition to the wind PTC signals that the time has come to finally allow Big Wind to stand or fall on its own.”

To read the full Pompeo letter, click here.

For more information on wind energy and the wind PTC, click here.

To help end the wind giveaway, click here.