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Nine years ago, the wind industry agreed to a six-year phase out of the wind production tax credit. At the time, the wind industry told reporters that they needed 4-6 years to achieve subsidy-free competitiveness. But now the wind industry, other renewable electricity generators, and their financial backers on Wall Street, are back supporting the […]
There comes a point in every person’s life when they have to face the realities of the adult world. In 21st century America the age at which that point comes seems to be extending further past the age of legal adulthood each year, leaving a generation in a state of perpetual adolescence—with their parents footing […]
When Paul Ryan accepted the gavel as Speaker of the House, he stated: “Neither the members nor the people are satisfied with how things are going. We need to make some changes, starting with how the House does business.” Yet it didn’t take long for those words to ring hollow, as the Republicans are again […]
Plan to Extend PTC will Cost Billions of Dollars; Hike Electricity Bills WASHINGTON – Congress is reportedly working on a tax extenders plan that includes a five-year extension of the wind Production Tax Credit (PTC). Some have called this deal a “phase out”—resembling the plan proposed by and lobbied for by GE just last year—but […]
New Initiative Encourages Lawmakers to Eliminate Handouts for Big Wind WASHINGTON — Today, the American Energy Alliance launched www.EndWindWelfare.org—a resource and activist hub aimed at eliminating the wind Production Tax Credit (PTC). With this new tool, which includes a legislative tracker and an action center, AEA will encourage lawmakers to support efforts to end this taxpayer-funded handout. […]
From FY 2010 to 2013, wind subsidies increased by 9 percent from $5.4 billion to $5.9 billion. So while you’re paying your hard-earned taxes, know that Big Wind is living large.
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 […]
New Study Finds Federal Wind Production Tax Credit (PTC) No Longer Needed to Drive Wind Generation Development Mature Wind Industry Can Compete On Its Own; Taxpayer-funded Welfare-For-Wind Must End WASHINGTON D.C. – A new report released today by the American Energy Alliance (AEA) concludes that wind energy is a mature industry whose growth has rendered the federal wind […]