Tag: wind

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 […]

Congress is reportedly considering a deal to revive a package of expired tax provisions known as tax extenders. While it contains a number of popular items, the deal would also extend corporate welfare central to President Obama’s climate agenda: the wind Production Tax Credit (PTC). Speaker Ryan should protect American families from the impacts of […]

WASHINGTON — Today, the American Energy Alliance launched a six-figure advocacy initiative urging Congress to eliminate the wind Production Tax Credit (PTC). This targeted digital and grassroots initiative follows AEA’s recently launched PTC Action Hub, and continues a sustained effort to drive House Members to support H.R. 1901, the PTC Elimination Act. Fifty House Members currently support this […]

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 […]

WASHINGTON – American Energy Alliance President Thomas Pyle issued the below statement following Governor Snyder’s announcement that he plans to implement EPA’s harmful carbon regulations: “The Snyder administration’s decision to wave the white flag and implement EPA’s carbon regulation is bad news for Michigan families. The governor claims this approach ‘retains control’ for Michigan, yet […]

This week, the Pittsburgh Tribune-Review wrote an editorial showcasing IER’s recent study on the true cost of electricity to help illustrate the exorbitant costs of Obama’s carbon plan. Below is an excerpt from the piece: Using federal data reported by electricity generators, the study found one megawatt-hour of electricity from existing nuclear plants costs an average […]

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 […]

Last week, news reports indicated the Senate Finance Committee will soon mark up legislation to retroactively extend a number of tax provisions that expired at the end of last year. Of note in this package is the wind Production Tax Credit (PTC). This would be the 10th extension of the PTC since it became law […]

The Obama administration is pursuing an aggressive plan of closing existing power plants and providing large subsidies of wind and solar electricity generation. Because of the administration’s regulations, 90 gigawatts (GW) of coal-generated power are projected to close. The Environmental Protection Agency (EPA) tells us that power bills will go down as a result of […]

This week, AEA President Tom Pyle penned an op-ed in The Hill decrying the wind industry’s dependence on taxpayer-funded corporate welfare. Below is the text of the op-ed: Does wind lobby care more about keeping word or handouts? By Thomas Pyle As the 2016 presidential race takes shape, here’s an idea Republican and Democratic contenders alike can […]