WASHINGTON — American Energy Alliance President Thomas Pyle issued the following statement on the Senate approving an extension of the wind Production Tax Credit (PTC):
“Christmas came early for wind industry lobbyists courtesy of the United States Congress. By passing a retroactive extension of the wind Production Tax Credit, Congress is taking money out of the pockets of hardworking Americans to stuff the stockings of foreign corporations and wealthy investors. Moreover, the PTC is integral to President Obama’s climate agenda, which will stick American families with higher energy costs.
“We look forward to working with the new Congress to unwind this culture of cronyism that is embodied by handouts like the wind PTC. The new Congress should resist Big Wind’s enticements and reject any attempt to extend the wind PTC.”
###