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Governors' Wind Energy Coalition

April 23, 2012

House panel to open inquiry into expiring tax extenders

Nick Juliano, E&E reporter  •    •  Posted 2012-04-23 11:18:11

With the clock ticking on a bevy of coveted energy tax provisions that are set to disappear at the end of this year, a key House subcommittee later this week will launch its inquiry into how or whether to throw a lifeline to industries that rely on the favorable tax treatment. Energy tax provisions, such as the production tax credit (PTC) for wind that expires at the end of this year, as well as expired programs such as the 1603 grant fund, will be among those considered at a wide-ranging hearing Thursday morning before the House Ways and Means Committee’s subpanel on select revenue measures. [ read more … ]

Culver: Energy program ‘right thing to do’

  •  THE ASSOCIATED PRESS  •  Posted 2012-04-23 11:18:32

Former Iowa Gov. Chet Culver said Friday that his signature program to support renewable energy research and development has been a resounding success, though less than a third of the money has been spent. Culver said the Iowa Power Fund has inspired investors and energy startup companies to do business in Iowa. He said the program is helping create jobs in some communities, and he said the program’s impact will grow as more projects advance. [ read more … ]

Chu to miss heated GOP hearing over controversial grid upgrades

Hannah Northey, E&E reporter  •  THE ASSOCIATED PRESS  •  Posted 2012-04-23 11:18:55

House Republicans won’t get the chance they were banking on to grill Energy Secretary Steven Chu about a controversial plan to upgrade transmission in the nation’s power marketing administrations that they suspect will trigger electricity price spikes. [ read more … ]

Hearing on incentives devolves into shouting match over energy costs, jobs

Nick Juliano, E&E reporter  •  THE ASSOCIATED PRESS  •  Posted 2012-04-23 11:19:14

What was supposed to be an examination of how tax policy affects fledgling technology was overshadowed yesterday by heated showdowns between a pugnacious House Republican and renewable energy advocates over how to measure jobs and electricity costs from their industries. [ read more … ]

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