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Rep. Camp’s Bold Move: End of the Wind PTC (and other energy subsidies too)

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- February 27, 2014

“We have a long way to go before Chairman Camp’s tax reform bill is final and, no doubt, the debate over tax-extenders will be rigorous. But this is a rare opportunity for American taxpayers to once and for all eliminate the near-permanent temporary tax credits.”

Members of the American Wind Energy Association (AWEA) descended on Capitol Hill this week for  a two-day member-only marathon to educate Congress on why the wind production tax credit (PTC) needs to remain a priority for American taxpayers. The PTC expired at the end of 2013.

Mark Albenze, CEO of Siemens’ wind power business in the Americas and a member of AWEA’s Board, touted his expectation of receiving a positive response from D.C. lawmakers.  ‘We’re going to ask for as long an extension [of the PTC] as we can get to bridge the gap  until we get a comprehensive energy policy,” he said.…