Please add the Governors' Wind Energy Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Wind Energy Coalition

March 16, 2012

Bipartisan Senate bill would extend production tax credit through 2014

Nick Juliano  •  E&E  •  Posted 2012-03-16 11:55:52

After the Senate rejected a measure this week to extend federal incentives for energy development on a largely party-line vote, a bipartisan group of senators is floating a narrower bill to extend a coveted tax break through the end of 2014.
The legislation proposed yesterday would extend for two years the wind-energy production tax credit, which provides project developers a tax deduction of 2.2 cents per kilowatt-hour. With the credit scheduled to expire Dec. 31, the wind industry has spent several months lobbying for an extension, arguing that the project pipeline will dry up if companies can’t count on the PTC being there next year. [ read more … ]

Obama Defends Energy Policy, Hitting Back at Presidential Candidates

MARK LANDLER  •  New York Times  •  Posted 2012-03-16 11:56:45

In what has become a weekly ritual, President Obama on Thursday defended his administration’s energy policy, in the face of relentlessly rising gasoline prices, to an American public that believes he can do more to ease the pain at the pump. Mr. Obama cycled through now-familiar themes, promoting his record of increased domestic oil and gas production; stricter fuel-efficiency standards for cars and trucks; and investments in alternative sources of energy, like biofuels, wind and solar power. The administration’s energy policy has been the focus of many speeches the president has given in recent weeks.
[ read more … ]

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