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Governors' Wind Energy Coalition

May 18, 2012

PTC may not get pre-election vote but is in ‘top tier’ of credits likely to be extended — Tiberi

Nick Juliano, E&E reporter  •    •  Posted 2012-05-18 11:41:43

A major wind industry tax credit may not be up for a vote in the House before the election, but it is in the “top tier” of credits likely to receive an extension among dozens of temporary breaks slated to expire at the end of this year, a key Republican said yesterday. While the House subpanel tasked with evaluating “tax extenders” is still relatively early in its evaluation of which of the 100-plus expiring credits deserve an extension, the wind industry’s intensive lobbying effort throughout the year for the production tax credit seems to be paying off. “I would say it’s probably on the top tier in terms of what we have heard from both members and private sector,” Rep. Pat Tiberi (R-Ohio), who chairs the Ways and Means subpanel on select revenue measures, told E&E Daily in a brief interview off the House floor yesterday. [ read more … ]

All stakeholders ‘at the table’ as Ways and Means prepares for tax-extenders hearing

Nick Juliano, E&E reporter  •    •  Posted 2012-05-18 11:42:06

With a bevy of tax provisions — including a wind-energy break — set to expire at year’s end, the House’s top tax writer promised today that all stakeholders would be included as his committee weighs its options. The Ways and Means Committee’s subpanel on temporary tax measures will convene a hearing next month to consider arguments for and against the variety of “tax extenders” that will disappear in January unless Congress intervenes. [ read more … ]

CES could pre-empt EPA rules for existing power plants — Bingaman

Nick Juliano, E&E reporter  •    •  Posted 2012-05-18 11:42:23

To attract bipartisan support, a proposed federal requirement that utilities use carbon-free energy may need to be packaged with a clause to pre-empt U.S. EPA greenhouse gas rules, key senators said today. Senate Energy and Natural Resources Chairman Jeff Bingaman (D-N.M.) said he would be open to amending his “Clean Energy Standard Act” to include some EPA pre-emption, and ranking member Lisa Murkowski (R-Alaska) said the change would cause her to rethink her current opposition to the proposal. They spoke to E&E after a hearing on the CES bill, where a variety of experts said it would make sense to pre-empt at least some EPA rules if such a standard were in place. [ read more … ]

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