A federal tax credit on renewable energy generation is spurring development in the United States, with Texas emerging as an unlikely leader in wind power generation. Last year, Texas generated 12,600 megawatts, more than the state’s mandate of 5,800 MW by 2015. Although the state accounts for a major amount of wind generation, interest in developing the technology has waned with the rise of hydraulic fracturing and horizontal drilling for fossil fuels.
AFP pressures 10 House members: Americans for Prosperity today is starting a $75,000, six-week online ad campaign asking 10 House lawmakers — eight Republicans and two Democrats — to sign a letter Rep. Mike Pompeo has been circulating opposing extending the wind production tax credit.
Bipartisan coalition of governors calls for policy certainty for the wind industry to continue crucial economic growth
Today 11 governors from states around the country called for policy certainty for the wind industry to continue needed economic development from wind energy. Last year the wind industry was responsible for pumping $25 billion into the economy for new wind farms, supporting 80,000 American jobs. The governors in an open letter to congressional leaders ask Congress to provide the certainty needed to keep those investments flowing and retain jobs in local communities.
The Governors’ Wind Energy Coalition is the latest to enter the fray. Later today, the group will send a letter to both parties’ leaders in the House and Senate signed by a bipartisan slate of 11 governors. The letter emphasizes thousands of layoffs throughout the wind industry last year tied to uncertainty over whether the PTC would be extended and calls on Congress to pass a “responsible multi-year extension” of the credit.
The energy manager for BMW Manufacturing USA and Canada said he wants to see a renewable portfolio standard in South Carolina that would provide incentives for using solar, wind and other such resources that are readily available. “That would be huge for us,” Cleveland Beaufort said.
Former Florida Gov. Charlie Crist approved a massive restoration project in the Florida Everglades before leaving office in 2011. His successor, Gov. Rick Scott (R), abandoned the plan after taking over. Crist created a sustainable land-use task force; Scott replaced it with an industry-friendly economic opportunity agency.
MidAmerican Energy Co. is beginning construction of its $1.9 billion investment in wind energy, with work starting on five sites across the state, the Des Moines-based utility said today. Earlier this year, the company announced plans to develop up to 1,050 megawatts of additional wind generation in Iowa by the end of 2015.
What are the key questions that need to be addressed by both U.S. EPA and states as the agency crafts its proposal for existing power plants? During today’s OnPoint, Tim Profeta, founding director of the Nicholas Institute for Environmental Policy Solutions at Duke University, discusses unanswered questions about Section 111(d) of the Clean Air Act, which triggers the regulation of carbon from existing sources. He also weighs in on whether the White House is doing enough to politically sell these regulations.
The “war on coal” lost in a clash last night with a supporter of climate science. Democratic allies are taking that message away from Terry McAuliffe’s narrow victory in the bitter race for Virginia governor, in which Republican Ken Cuccinelli accused his opponent of supporting the destruction of coal jobs through efforts to reduce greenhouse gas emissions.
The country’s largest nuclear plant operator, Exelon Corp., has publicly fought to torpedo the wind industry’s coveted production tax credits, calling them financial threats to its reactors in the Midwest. But the Chicago-based utility is also cashing in on those credits, known as PTCs.