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Governors' Wind Energy Coalition

April 11, 2013

Obama seen giving himself wiggle room with call for permanent tax credit

Nick Juliano, E&E reporter  •    •  Posted 2013-04-12 12:12:08

President Obama’s budget proposal calls for the permanent extension of a key renewable energy tax credit — an approach that goes beyond even what the credit’s main beneficiary says it needs to thrive and that observers say allows room to negotiate a proposal that falls short of the president’s initial request but still allows wind and other beneficiaries to thrive. The budget released yesterday calls for a permanent extension to renewable and efficiency incentives, such as the production tax credit. The wind industry is the largest beneficiary of the 2.3-cent-per-killowatt-hour credit by virtue of its position as the largest non-hydro renewable energy source, but it also provides support for geothermal, biomass and other renewable electricity producers. [ read more … ]

O’Malley signs wind bill, other jobs measures

By Michael Dresser, The Baltimore Sun  •    •  Posted 2013-04-11 11:52:22

After his most successful legislative session in two terms, Gov. Martin O’Malley on Tuesday signed a long-sought bill to promote development of an offshore wind industry near Ocean City, among several other measures he hailed as job creators. [ read more … ]

Clean energy favored, fossil fuel programs cut under fiscal 2014 budget

Nick Juliano, Hannah Northey and Katherine Ling, E&E reporters  •    •  Posted 2013-04-11 11:52:42

President Obama’s fiscal 2014 budget request would boost funding for a variety of clean energy initiatives while reducing spending on fossil fuel programs and repealing oil and gas tax breaks. The clean energy increases would come in research and development, state-based competition to enhance energy efficiency and the electric grid, a new trust fund designed to find alternatives to oil in transportation, and a permanent extension of the renewable energy production tax credit. [ read more … ]

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