Posted by: Windfair Editors
AWEA Clarifies False Reports about Wind Energy
Official Press Release AWEA Blog - Into the Wind:
Fact Check: What critics are getting wrong about wind power during the tax reform debate
Ever since the House released its tax reform proposal on Nov. 1, skeptics of wind power have jumped at the opportunity to spread misleading information, especially about the Production Tax Credit (PTC) that has unleashed the private capital needed for wind to scale up.
The reality is that tax credits for wind energy are already in the midst of an orderly phaseout and will be gone after 2019. In the meantime, this policy is achieving its goals: creating tens of thousands of new jobs, triggering massive investment in rural America, and generating affordable electricity – unless Congress breaks its promise and cripples the industry instead. First, some... ... More: Official Press Release AWEA Blog - Into the Wind
