Wind Tax Credits Vital to Energy Independence, Rove Says
(Corrects date in last paragraph.)
“We’ve got a growing economy that’s increasing energy consumption and wind energy should be part of the solution,” Rove said today on a panel at a wind conference in Atlanta. Extending the so-called production tax credit “should be a priority.”
A bill to extend through 2016 the 2.2-cent-a-kilowatt-hour credit for electricity produced by wind turbines, biomass, geothermal and landfill-gas plants has stalled in congress along with about 100 other expiring tax-related incentives.
The tax credit is one of the major topics of debate this week as executives gather for the Windpower 2012 annual conference.
There are about 75,000 U.S. wind-industry workers, according to the American Wind Energy Association. Letting the credit lapse will lead to the elimination of 10,000 wind- industry jobs this year and another 27,000 in 2013, the Washington-based trade group estimates.
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