Urge Congress to extend the tax credit for wind energy
Because of the importance of energy to the economic and security interests of our nation, the government has long provided incentives to help advance energy development.Although tax incentives for oil, natural gas, and nuclear power are permanent, those for renewable and energy-efficient technologies are not. This situation creates a boom-and-bust cycle that inhibits investment, planning, and consistent progress. The production tax credit for wind, which is set to expire at the end of 2013, is one example. The uncertainty surrounding its renewal at the end of the year is having detrimental effects on the industry.To provide stability and encourage private investment, policymakers should consider a multiyear but time-limited extension of the production tax credit for wind energy.
Send a message to Congress urging renewal of the wind energy tax credit!
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