How Defunding the RFS Could Hurt Consumers
- 07/06/15
- AEA
- Blog
Before the July 4th Congressional recess, the House began considering the FY 2016 Interior & Environment appropriations bill. A number of other amendments are awaiting consideration for debate when they return. One such well-intentioned amendment by Rep Loudermilk from Georgia stands out from the pack. His amendment reads:
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“None of the funds made available by this Act may be used to implement, administer, or enforce section 211(o) of the Clean Air Act (42 U.S.C. 7545(o)).”So what does...
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Ten Reasons to Eliminate the Wind PTC
- 04/23/15
- AEA
- Blog
This week, Reps. Kenny Marchant and Mike Pompeo introduced H.R. 1901 , a bill to eliminate the wind Production Tax Credit (PTC).This legislation has several important provisions. First, it repeals the inflation adjustment, which would save taxpayers approximately 35% for the reminder of the ten-year window. It slightly adjusts and tightens the “beginning of construction” language that determines whether a company qualifies for the subsidy. It also repeals the entire statutory framework on...
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