Tag: PTC

  Available for download: Wind PTC IRS Fact Sheet. For a more in-depth discussion of this important issue, read The Ever-Expanding Wind PTC at the website of the Institute for Energy Research.

WASHINGTON – American Energy Alliance President Thomas J. Pyle has issued the following statement in response to President Trump’s State of the Union Address delivered Tuesday, January 30, 2018: “Tonight, President Trump declared an end to the war on American energy. As promised, his administration has put American families ahead of the special interests in the “keep it in […]

The Department of Energy’s proposed grid resiliency rulemaking was the wrong solution for a genuine problem. The Federal Energy Regulatory Commission rightly voted to terminate the rulemaking, instead requesting information from grid operators and the public about how to address the undervaluation of coal and nuclear power generation in electricity markets. But before we move […]

Congress is at long last coming to grips with the failure that is the wind production tax credit (PTC). The bill passed by the House Thursday will cut the rate at which wind production is subsidized by about one-third and will allow the quarter-century-old program to finally end as scheduled in 2020. Hurdles still remain […]

WASHINGTON – Thomas J. Pyle, President of the American Energy Alliance, has issued the following statement on today’s release of the Tax Cuts and Jobs Act: “This pro-growth tax reform plan is a breath of fresh air for American businesses and the American people. The immediate lowering of the corporate tax rate to 20 percent will […]

WASHINGTON – American Energy Alliance President Thomas Pyle issued the following statement on the potential tax extenders deal: “This tax extenders deal is another example of the worst of Washington politics. It’s no wonder Congress’ approval rating is at an all time low. Lifting the oil export ban in exchange for the wind PTC, the solar […]

WASHINGTON — Today, the American Energy Alliance joined with Heritage Action for America, Club for Growth, and Americans for Prosperity in opposition to the Wind Production Tax Credit (PTC). In a letter to the House Ways and Means Committee, the groups urge against extending this taxpayer-funded subsidy and explain that the PTC will be an important factor […]

Congress may soon consider legislation retroactively extending a raft of expired tax subsidies, known as “tax extenders.” One of those is the wind Production Tax Credit, a multi-billion dollar tax credit that subsidizes wind developers for the electricity they generate. This costly handout raises energy prices, destabilizes the electric grid, and benefits wealthy wind lobbyists […]

WASHINGTON — American Energy Alliance President Thomas Pyle issued the following statement about the House Republicans’ proposed tax extenders deal: “The wind PTC was a bad idea yesterday, it’s a bad idea today, and it will be a bad idea tomorrow. “Over twenty percent of this extenders deal, nearly $10 billion, is a handout to AWEA […]

An earlier article explained that for President Obama, the American Wind Energy Association (AWEA), and the national environmental lobby, the wind Production Tax Credit (PTC) is at the top of the to-do list for the lame-duck session that will close out the 113th Congress. While lawmakers debate the PTC, the Environmental Protection Agency (EPA) is […]