FOR IMMEDIATE RELEASE
December 7, 2012
Contact: Jim Ogsbury, WGA Executive Director, (303) 520-1882
DENVER -- Western governors today called on Congress to extend the Production Tax Credit for wind energy rather than let it expire at the end of December.
In a letter to the U.S. House and Senate leaders, Western governors said that extending the credit now is critical to achieving the country's clean energy goals, building the nation's manufacturing base, creating jobs, lowering energy costs, and strengthening domestic energy security.The governors noted that in 2011 alone, the wind industry provided over 30,000 good paying manufacturing, construction and other jobs in the Western states. They said that any continued policy uncertainty results in developers stopping turbine orders for installation beyond 2012, leading to the loss of American jobs.
"While the PTC is vital to the near-term future of renewable energy production in the Western United States and across the nation, we agree that the credit should not exist in perpetuity," said Utah Governor Gary R. Herbert, Chairman of the Western Governors' Association, and Colorado Governor John Hickenlooper, WGA Vice-Chairman.
The Governors believe the short term extension should be coupled with a broader conversation about revisiting all energy-related tax credits.
"In the long run, we believe repealing all federal energy subsidies (tax or otherwise) is the preferred approach. No one energy company, or energy source, should receive preferential treatment from the federal government," the Governors said.