A bipartisan coalition of governors has written to Congress to plead for the extension of the Production Tax Credit that has helped fuel the development of wind energy in the U.S..
The PTC, set to expire at the end of December, provides wind developers with a tax break that makes the business more profitable. Proponents say it’s needed to level the playing field for new energy, which must compete against subsidized fossil fuel industries like coal and natural gas.
Clean energy advocates and labor leaders are calling on the U.S. to step up its commitment to wind energy and wind-related manufacturing — or risk losing thousands of jobs to China, Europe and India.
American wind urgently needs strong supports, such as long-term investment tax credits and a Renewable Electricity Standard (RES), to show investors and domestic and global companies that it believes in the sector, the leaders said at a Monday news conference. A RES would signal that the U.S. wants to incubate developing firms and build everything it needs — from wind towers and blades to the highly evolved nacelles that keep the turbines turning.
By Diane Porter
Green Right Now
Architect Ed Mazria has a vision for buildings that would make them energy neutral or “net zero”, a point where they used so little energy that they could equal it with what they fed back to the electric grid. It’s called the 2030 Architecture plan. And it aims big.
So it’s little surprise that Mazria and colleagues have developed a sister plan addressing the current American economic crisis. It would create jobs. Cut energy use. Curb global warming emissions. Send business to banks. Revitalize the construction sector.
And, oh yeah, it would help people get better, lower interest mortgages.
Are you there President Obama? Congress?
When Obama spoke to the nation early in January about his plan to get the United States economy back on track – the American Recovery and Reinvestment Plan – he spoke of creating a “clean energy economy” by rebuilding troubled infrastructure and modernizing federal buildings and American homes.