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Posts from December 0

Time for Congress to End the Wind Production Tax Credit (again)

By Rand Stowell -- November 16, 2015

“With the Department of Energy and the American Wind Energy Association regularly crowing that wind is cost-competitive with (or more competitive than) conventional generation sources, there is no justification for further subsidies. The wind training wheels have been on the bike since 1992. They have done their job and it is now time to remove them.”

As winter approaches, Congress is being overrun by wind industry lobbyists (again). Their annual year-end money dance has become routine as we have seen the 1992 energy production tax credit die more deaths than the proverbial nine-lived cat.

Just as routinely, we have become accustomed to picking up the newspaper on New Year’s Day to read that in the cold, dark holiday night, Congress has revived the production tax credit (again).

Over time, Congress has supported throwing additional taxpayer money at the expired or expiring production tax credit, often at the eleventh hour.…