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Governors' Wind Energy Coalition

June 13, 2012

PTC’s path forward unclear as senators huddle on extenders

Nick Juliano, E&E reporter  •    •  Posted 2012-06-13 11:33:38

Members of the Senate Finance Committee emerged from an hourlong closed-door meeting yesterday with optimism that a deal on how to handle more than 100 expiring tax provisions — including a key tax break for wind energy — could be reached this year even as they acknowledged persistent questions over how quickly agreement could be reached or what form an extenders bill would take. “It’s just a work in progress; let’s put it that way,” Sen. John Thune (R-S.D.) told reporters after the meeting. “No final decisions, just a very good discussion on a range of issues.” [ read more … ]

Senators to meet on extenders, look to fate of wind PTC

Nick Juliano, E&E reporter  •    •  Posted 2012-06-13 11:34:07

Senate tax writers will meet tonight to begin hashing out what temporary tax provisions are likely to be extended at year’s end, as backers of a key incentive for the wind industry step up their effort to win an extension before the election.
Bipartisan members of the Senate Finance Committee will meet in a closed-door session to discuss the more than 100 “tax extenders” that expire Dec. 31 or have already expired, including the production tax credit for wind that has been a key target of renewable energy backers. Asked about the fate of the PTC this afternoon, Finance Chairman Max Baucus (D-Mont.) said that “some have a lot more support than others” but that tonight’s session was aimed at taking a more holistic look at the expiring provisions. [ read more … ]

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