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Governors' Wind Energy Coalition

June 28, 2012

House Dems propose PTC extension funded by killing oil industry deduction

Nick Juliano, E&E reporter  •    •  Posted 2012-06-28 12:18:11

House Democrats today introduced a bill that would extend a key wind industry tax break for one year and make up the proceeds by eliminating an incentive that allows large oil companies to deduct foreign tax payments from their domestic tax bills. While there is substantial bipartisan support for extending the wind production tax credit, the effort has struggled to gain traction in a polarized Congress. A broader effort to tie the PTC to eliminating oil company tax breaks fell short in the Senate this year, when S. 2204, a bill from Sen. Robert Menendez (D-N.J.), failed to overcome procedural hurdles. [ read more … ]

Few legal options for losers in EPA rule challenge

Lawrence Hurley, E&E reporter  •    •  Posted 2012-06-28 12:18:30

After a federal appeals court upheld Obama administration greenhouse gas regulations yesterday, attention turned to what remaining legal options are left available to the challengers. The choice is straightforward: Ask the U.S. Court of Appeals for the District of Columbia Circuit to rehear the case or immediately seek Supreme Court review. A three-judge panel of the appeals court yesterday denied or dismissed challenges to four rules that are key to the administration’s effort to regulate greenhouse gas emissions (Greenwire, June 26). [ read more … ]

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