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Governors' Wind Energy Coalition

March 30, 2014

 

News Release                                                                        Contact:

March 31, 2014                                                           Larry Pearce

For Immediate Release                                                           402-651-2948

Larry@governorscoalition.org

 

Governors Release Letter to Congressional Leadership on the Wind Energy Production Tax Credit and Investment Tax Credit

           The chairman and vice chairman, as well as two of the Governors’ Wind Energy Coalition’s former chairmen, sent a letter to Congressional leadership today urging Congress to approve a multi-year extension of the production tax credit and investment tax credit as soon as possible. The U.S. Senate Finance Committee will be considering a mark up of the tax bill this week.  The governors said:

“While tax reform is important, our states’ wind energy jobs are also important and should not be unnecessarily put at risk, again.  The livelihood of our citizens should not be sacrificed while longer-term, economy-wide tax code solutions are debated.”

“With support of the PTC, the wind industry has grown nearly 600 percent since 2005 and has invested $105 billion in the nation’s economy, bringing our states jobs, manufacturing, and local economic benefits.  Today, our four states alone produce nearly 14 percent of our electricity from wind energy (Iowa 27.4 percent; South Dakota 26 percent; Oregon 12.4 percent; and Washington 6.2 percent.)”

GWC PTC-ITC Letter (3-31-14)-3

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The Governors’ Wind Energy Coalition is a bipartisan group of the nation’s governors who are dedicated to the development of the nation’s wind energy resources to meet America’s domestic energy demands in an environmentally responsible manner — while reducing the nation’s dependence on imported energy sources and stimulating state and national economic development.

 

Through its multi-state coordinated efforts, the Coalition is engaged in several national initiatives: encouraging sound national policy and legislation for the development and distribution of wind-generated energy; communicating, and demonstrating the value and benefits of wind energy to consumers, energy companies and policy makers; sharing state best practices in wind and renewable energy policy development; creating an environment of support for those who wish to develop responsible wind energy resources; and supporting development of infrastructure for the expansion of wind energy across the United States.

 

For more information, visit www.GovernorsWindEnergyCoalition.org

 

 

 

 

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.