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Governors' Wind Energy Coalition

August 1, 2012

Finance panel to mark up extenders package tomorrow with ‘renewable incentives’

Nick Juliano, E&E reporter  •    •  Posted 2012-08-01 12:40:51

The Senate Finance Committee will mark up a tax extenders package tomorrow that includes “renewable energy incentives,” committee leaders announced early this morning. The committee had been negotiating for weeks on the package, which will include “dozens” of targeted tax incentives that are set to expire at the end of this year or expired last year. [ read more … ]

Romney opposition to renewable tax break may bring trouble in windy swing states

Nick Juliano, E&E reporter  •    •  Posted 2012-08-01 12:41:19

Democrats, environmentalists and clean energy backers hope GOP presidential candidate Mitt Romney’s solidified opposition to a key wind energy tax break helps motivate voters in closely contested, windy states to tip the election toward President Obama. Romney’s campaign Monday said for the first time that the presumptive Republican nominee would like to see the production tax credit (PTC) lapse as scheduled at the end of this year (E&E Daily, July 31). That position puts him at odds with Republicans in states like Iowa that want to see the credit extended, and it is a harder line than had been taken by many senior GOP lawmakers, who have said the credit should phase out over a number of years. [ read more … ]

FERC’s chairman warns against abrupt PTC expiration

Hannah Northey, E&E reporter  •    •  Posted 2012-08-01 12:41:56

Jon Wellinghoff, chairman of the Federal Energy Regulatory Commission, warned today against allowing a key wind industry tax credit to expire at year’s end, saying it could devastate the industry. “Like anything else that the government does, it’s always good to provide the industry with some level of certainty,” Wellinghoff told reporters at the Platts Energy Podium in Washington, D.C., today. “I think that just a sort of arbitrary and immediate cutoff of a tax credit for that industry could have a devastating effect.” [ read more … ]

Industry needs incentives, policy to site projects away from sensitive lands — study

Scott Streater, E&E reporter  •    •  Posted 2012-08-01 12:42:16

A new study pinpoints for the first time thousands of square miles of already disturbed land across the Northern Great Plains where wind turbines could be sited to produce enough electricity to power tens of millions of homes without significantly affecting wildlife habitat. The peer-reviewed study published this month in the journal PLoS ONE and led by researchers at the Nature Conservancy found that siting wind development on mostly cropland and other disturbed sites could produce more than 1 million megawatts of electricity. That’s more than four times the amount of electricity needed to meet an Energy Department goal for wind power to provide 20 percent of the nation’s electricity by 2030.
[ read more … ]

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