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Kansas Governor, Senator: "Tax credit key to harnessing wind"

1 min. read

In this past Friday's Wichita Eagle, Kansas Gov. Sam Brownback and U.S. Senator Jerry Moran had a strong, pro-wind-power editorial which is well worth reading. Here's an excerpt:

By extending the wind [Production Tax Credit - PTC], Congress will allow the wind industry to complete its transformation from being a high-tech startup to becoming cost-competitive in the energy marketplace. Failure to do so will result in a tax hike on wind-energy companies and only further delay this industry’s ability to compete.

There are those who view government intervention in the energy sector as picking winners and losers. But the wind PTC is a winning solution because it allows companies to keep more of their own dollars in exchange for the production of energy. These are not cash handouts; they are reductions in taxes that help cover the cost of doing business.

The wind PTC has led to $20 billion in annual private investment in our energy infrastructure. Today, the American wind industry includes more than 400 manufacturing facilities in 43 states. In 2005, just 25 percent of the value of a wind turbine was produced in the United States compared with more than 60 percent today.

For more information on the PTC, including how to let your representative know you want to see it renewed immediately, see the American Wind Energy Association.

P.S. Maybe the Koch brothers should take a cue from their Governor and Senator that wind power should be helped, not hurt, with the money they are spending on anti-cleantech  propaganda and influence peddling.