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Governors' Wind Energy Coalition

December 14, 2012

PTC phaseout proposal shakes up tax incentive debate

Nick Juliano, E&E reporter  •    •  Posted 2012-12-14 13:01:34

The wind industry’s proposal to phase out its most prized federal incentive shook up the ongoing debate over how much support the government should provide to all sectors of the energy industry ahead of a tax reform debate in which a range of benefits are likely to face increased scrutiny from the growing ranks of congressional debt hawks. The American Wind Energy Association unveiled for the first time a proposal to phase out the production tax credit over a period of six years, fulfilling mounting requests from Capitol Hill to put such a plan on the table. [ read more … ]

Clinton calls for rebuilding U.S. electric grid to carry more wind and solar power

Daniel Cusick, E&E reporter  •    •  Posted 2012-12-14 13:01:54

“I think it’s just appalling that we’ve got 300,000 megawatts of wind energy projects all dressed up and ready to go to the prom that can’t find a connection,” Clinton told several hundred people gathered to mark a decade of wind energy development in the Midwest. “But it is a metaphor for the ongoing struggle for the future versus the present.” The former president’s more than hourlong address to a gala celebration for Wind on the Wires, a public policy nonprofit working to promote wind energy in the Midwest, touched on a broad spectrum of topics, from the looming “fiscal cliff” in Washington, to the realpolitik behind the 1991 Kyoto Protocol, to the meteorological factors that made Sandy a devastating superstorm. [ read more … ]

More than half of U.S. still parched

Jessica Estepa, E&E reporter  •    •  Posted 2012-12-14 13:02:10

Areas afflicted by the U.S. drought slightly shrank this week, yet more than half the country remains parched. The U.S. Drought Monitor today said 51.8 percent of the country is in drought, down from last week’s 52.2 percent. Areas affected by severe and extreme drought inched upward, though the percentage of the country in exceptional drought remained the same. [ read more … ]

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