The nation's wind turbine manufacturing base has grown with the impressive surge of wind - generated electricity, but the expiration of the federal Production Tax
Credit for wind (PTC) at the end of 2012 threatens the industry with factory closings and stunted growth.
The Post expressed concern about the impending expiration of the federal production tax
credit for wind (PTC), but said the proper solution is not to adopt a simple extension of the 20 - year old subsidy.
The federal production tax
credit for wind energy (PTC) should be extended — and reformed.
Increase and make permanent the production and investment tax
credit for wind energy, outlined in the American Recovery and Reinvestment Tax Act of 2009.
Meanwhile, in the U.S., the worldís second - biggest wind market, after Germany, question marks still surround the renewal of the Production Tax
Credit for wind farms.
If the Federal Production Tax
Credit for wind energy didn't exist, you would not see another industrial wind energy turbine built.
The $ 23 per megawatt - hour federal Production Tax
Credit for wind farms, for example, can be larger than the total wholesale price nuclear plants get for their power in some regions, according to Bloomberg data.
A boom in the production of photovoltaic solar cells has not only cut the price of solar panels in half, but has also helped double solar energy's contribution to America's power supply Now dirty industry has the Production Tax
Credit for wind energy in its sights - and polluters don't care that letting the credit expire means major job losses.
From the federal taxpayer side, we have the much - maligned (well, by the usual suspects) federal production tax
credit for wind.
In recent years, IER has unsuccessfully worked to prevent extensions of the federal government production tax credit and investment tax
credit for wind and solar energy.
The federal Production Tax Credit (PTC) for wind provides a tax
credit for wind units during their first ten years of operation.
These state measures — along with federal government subsidies such as the production tax
credit for wind, the investment tax credit for solar and the tax credit for purchasing electric vehicles — provide lasting incentives that are pushing green technologies into the U.S. marketplace.
But it could also sweep up tax credits such as the renewable - energy Production Tax
Credit for wind power, and the Investment Tax Credit for solar projects.
Despite a pattern of consistent, and even retroactive extensions, the uncertainty created by the political fight over extending the Production Tax
Credit for wind power has caused nearly complete cessation of new wind facilities being brought on line each time the credit wasn't extended well in advance of expiration.
The current investment tax credit for solar and production tax
credit for wind were enacted at the end of 2015 as part of a bipartisan deal that also authorized U.S. petroleum exports.
The poll was an effort to show that Americans disapprove of EPA's Clean Power Plan and the federal tax
credit for wind energy.
No wonder why elected officials and their constituents from both political parties are pushing Congress to move forward on extending the Production Tax
Credit for wind energy, which expires at the end of this year.
The move comes as Romney, the former Massachusetts governor and presumed GOP presidential nominee, said he wouldn't extend a 20 - year - old, $ 12 billion production tax
credit for the wind industry if he's elected, because it violates the principle of free market economics.
«Congress is debating whether to renew the production tax
credit for wind and other renewable energy sources,» noted Ken Bossong, Executive Director of the SUN DAY Campaign.
The tax
credit for wind comes up for renewal again at the end of this year.
Third is the uncertain future for federal policies that have spurred renewable energy development to date, such as the Production Tax
Credit for wind.
The Production Tax
Credit for wind power has been around since 1992.
«These results show that extending the Production Tax
Credit for wind power in 2013 was good for business in America,» said Tom Kiernan, CEO of AWEA.
On top of
the credits for the wind power it's generating, Berkshire also gets long - term tax benefits from the depreciation of the billions of dollars» worth of capital expenditures it has put into building out its wind operations.
The current federal tax
credits for wind power will begin to phase out in 2017, and President - elect Donald Trump has said he doesn't want the government to continue subsidizing the industry.
Denmark's Vestas, the world's top wind turbine maker, said on Thursday it was pleased the final U.S. tax bill retained production tax
credits for wind energy projects after concerns over Continue Reading
Congress agreed to extend production tax
credits for wind energy producers until the end of 2013.
The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax
credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.
It also contained an extension of the tax
credits for wind and solar through 2015 at a cost of $ 21 billion dollars.
OKLAHOMA CITY — Two Oklahoma senators are proposing changes to tax
credits for wind energy companies as another way to raise millions of dollars for education.
Trump is committed to boosting fossil fuels, particularly coal, but his first budget proposal left tax
credits for wind power unchanged.
A1899 would allow the New Jersey Economic Development Authority to provide tax
credits for wind energy facilities in the «Portfields Initiative» in Middlesex County.
The bill would use some of that money to renew expiring tax
credits for wind and solar projects through 2012.
The United States has also used tax
credits for wind, geothermal, solar photovoltaics, solar water and space heating, and geothermal heat pumps.
And never mind the extension of tax
credits for wind and solar power.
It's easy for people to have a knee - jerk reaction and support policies like the ecoEnergy Retrofit Initiative or US Production Tax
Credits for Wind Energy.
The American Wind Energy Association has said, «With 116,000 jobs and nearly $ 19 billion in investment at risk the renewable energy industries, the US Senate today again failed to muster the votes necessary to extend tax
credits for the wind and solar industries.»
No more production tax
credits for wind.
Tax
credits for wind, solar do much for a renewable energy future, but more drilling is not the answer
Not exact matches
Thursday's tax reform bill maintains tax breaks
for fossil fuel, but removes a $ 7,500
credit for electric cars and cuts the benefit from a
wind credit by a third.
The share prices of the world's two biggest
wind turbine manufacturers have fallen after the U.S. House of Representatives proposed whipping away tax
credits for renewable energy in order to pay
for tax cuts elsewhere.
COPENHAGEN, Oct 12 - Danish
wind turbine maker Vestas said the impending expiry of a U.S. tax
credit had exacerbated a fall in orders
for next year, forcing it to make more than 800 job cuts in the United States and Canada so far this year.
As of now,
wind credits are set to begin phasing out in 2017 — similar
credits for solar will do the same starting in 2019 — and President - elect Trump may announce plans to speed up the process.
Therefore, who cares how long any ultimate passive
wind farming lease is when you do not have to do anything except sign the lease and have a bank or
credit union account
for the
wind farming cash flows?
«My rationale
for the massive tail
wind that you had
for stocks and
credit markets over the past five or six years, in terms of falling rates and rising earnings, have tailed off considerably,» he said.
Note that if you have a
credit card and pay only the minimum, you can easily
wind up paying more in interest than you ever paid
for your original purchase.
If you think you're speaking with a
credit counselor but are instead speaking with a debt settlement company,
for example, you could
wind up receiving advice that doesn't help you reach your goals.
A Republican tax bill unveiled on Thursday included cuts to renewable energy tax
credits considered critical to enabling
wind projects to compete with fossil fuel plants, but tax breaks
for Continue Reading
Also leaping to mind is the director who raised the «mockumentary» to high comedic art: Christopher Guest has not only directorial but screenwriting
credits on most of his movies, which include Waiting
for Guffman, Best in Show, and A Mighty
Wind.
If God is
credited for being with the survivors, then he also is responsible
for the victims - deciding who dies and who get
wounded.