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PTC Teeters, AWEA Whines, Romney Leads

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- August 8, 2012

“[Romney] will allow the wind credit to expire, end the stimulus boondoggles and create a level playing field on which all sources of energy can compete on their merits.”

– Romney campaign spokesman, “Wind Energy Tax Credit Splits Obama, Romney,” Des Moines Register, July 30, 2012.

The extension of the 20-year old Production Tax Credit (PTC) for windpower and other qualifying renewable energy is a wedge issue in the national political campaign. And with growing state-level pushback against government subsidies for qualifying renewables, it is time to ‘put-up-or-shut-up’ for on-grid wind and solar technologies.

And it was VERY good news that the Romney campaign issued a statement two days ago officially opposing an extension of the wind PTC. The other side wants him to walk it back, but few tangibles epitomize the fluff and failure of government-knows-best than taxpayer investments in wind power and solar power

AWEA: In Panic Mode

Meanwhile, the American Wind Energy Association (AWEA) has pumped millions of dollars into a lobbying campaign to secure the PTC’s extension.…