Saturday, November 17, 2012

Governors ask Congress for wind energy production tax credit renew

Saturday, November 17, 2012
"The uncertainty about the future of this tax advantage" Grassley said, "hurts the asset, to do these guidelines." Grassley, who authored the original wind PTC in 1992 and also Senate sponsored (p. 3521), which aims to extend the tax credit at least a year pointed to trace which is biodiesel tax credit in 2010 as an example, saying he led 23,000 jobs "put on hold." This is a situation that all involved for wind energy in their countries want to prevent.

Governor Terry Branstad (R - IA) cited also uncertainty about wind energy PTC fate as a great play factor in the decision of some companies that have already begun, making jobs. "Because of the uncertainty," Branstad said, "we have seen started a negative economic effects and the loss of jobs in our countries. Siemens recently laying off 400 employees at its plant in Fort Madison and Clipper Windpower lay off 100 workers at its plant in Cedar Rapids, Iowa. We have literally thousands of similar wind energy jobs in our State. These high-tech, high-paying jobs are." Branstad says that he remains to hope that Congress quickly is to expand the PTC.

Branstad is the Chair of the Governors' wind energy Coalition, a group consisting of 28 Governors, all the target parts the use of wind energy resources as a way to the long cherished goal of sustainable energy independence to pursue.

"At the national level wind runs about $10 to $20 billion a year in private investment and employs almost 75,000 Americans," said John Kitzhaber (D - OR), Governor of Oregon and Deputy Chairman of the coalition of the Governors' wind energy. As an example of how rural communities can use wind power generation to revenue increases, used Kitzhaber Oregon own Sherman County. "The County now $33 million per year revenue from wind farms," said Kitzhaber. "This is revenue that has proven essential to the maintenance of schools, fire departments, and road maintenance."

Colorado Governor John Hickenlooper (D-CO), also a member of the Governor's wind energy Coalition, said that the renewal of the PTC is critical to help the country "a realistic chance, completely in the next 10 years of independence in energy supply." Hickenlooper cited wide support for wind energy in Colorado as a clear indication of its charm. "The support comes from every demographic you could imagine," Hickenlooper said. "It is quite clear the single largest and most popular initiative, which are in the energy sector."

An error by the Congress of wind energy production tax credit, renew, stand: January 1 expires, which might caused wind industry to climb impulse to stall and the unemployment rate. According to Governor Sam Brownback (R - KS) Kansas State looks experienced "massive investment" in wind energy in 2012, 2013, but hitherto somber, with layoffs announced at the Siemens wind turbine in the city of Hutchinson.

"We have virtually no new wind operations going in the next year to almost 3 billion $ investment in the last year", said Brownback. "This shows how dramatic is affecting the production tax credit."

Grassley said that the Congress have probably not chance that week to discuss extension of the wind energy PTC until after Thanksgiving, and discussions are likely in the four weeks before the end of 2012.

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