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Governors' Wind Energy Coalition

December 17, 2012

Crux of PTC phaseout plan — cost — proves elusive

Nick Juliano, E&E reporter  •    •  Posted 2012-12-17 13:01:59

The wind industry last week proposed phasing out its prized tax credit in response to concerns from deficit hawks on Capitol Hill who say the government can no longer afford to subsidize wind turbine construction. But it is proving difficult to come up with a reliable estimate of how much the proposal would cost. Wind advocates say the production tax credit effectively costs taxpayers nothing because the $1 billion-plus per year that the government spends on the credit is more than recouped through federal, state and local taxes paid throughout the construction and operation of the wind farm. Wind detractors, meanwhile, are using some different math to put an inflated price tag on the industry’s proposal. [ read more … ]

Head of wind energy industry group resigns

By Steven Mufson, Washington Post  •    •  Posted 2012-12-17 13:02:14

Anticipating a major tax reform effort next year, Denise Bode stepped down Friday as head of the American Wind Energy Association to work as a private lobbyist on tax issues next year. Bode, who has been chief executive of the wind industry group for four years, said “the opportunity to be just focused on advocacy in this kind of setting only comes once every 30 years.” She said she would stay with the group through the end of the year to try to secure an extension of the production tax credit for wind projects. [ read more … ]

AWEA CEO stepping down

Nick Juliano, E&E reporter  •    •  Posted 2012-12-17 13:02:31

The head of the American Wind Energy Association announced her resignation on Friday. Denise Bode will be leaving her post as president and CEO of AWEA on Dec. 31 to return to private practice as a tax attorney ahead of next year’s expected debate on Capitol Hill over comprehensive tax reform. “There is now a strong, bipartisan team of Congressional champions for the wind industry, and the all-important extension of the Production Tax Credit (PTC),” Bode said in a statement. “When that is secured, all of my goals from the AWEA Board will have been accomplished. I am extremely proud to have led the AWEA staff as we worked together to get that job done, and, of course, grateful to the AWEA Board for the opportunity to serve this very promising industry.” [ read more … ]

Interior’s Atlantic efforts blow south to N.C., Ga.

Phil Taylor, E&E reporter  •    •  Posted 2012-12-17 13:02:50

The Obama administration’s efforts to promote offshore wind in the Atlantic Ocean this week expanded south to North Carolina and Georgia, building on an existing program to tap winds in the mid-Atlantic. The Interior Department on Wednesday announced it is gauging industry’s interest in building wind farms in three areas totaling nearly 2,000 square miles off North Carolina. [ read more … ]

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