Both Republican and Democrat governors united in a coalition recently to urge Congress to pass an extension of a critical wind industry tax credit during the lame duck session. The 28 governors formed the Governors’ Wind Coalition, a bipartisan group encouraging the extension of the Production Tax Credit (PTC) for wind energy. The group is aiming for Congress to pass the PTC extension during the lame duck session. Failure to pass the PTC has already negatively impacted the wind energy industry and a further delay in extending the PTC could cost more American jobs, according to the group. In a recent letter to Congressional leadership, Iowa Governor Terry Branstad and Oregon Governor John Kitzhaber urged them “…to take swift action to extend the PTC before the end of this congressional session.” Governor Branstad is the chairman of the coalition and Governor Kitzhaber is the vice chairman. The governors noted that “[w]ithout a PTC extension, it is estimated that the U.S. economy will lose 37,000 wind industry jobs and the opportunity to leverage over $10 billion of private investment. Our states are already seeing these impacts.”
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28 GOP, Dem Governors Form Wind Energy Coalition
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