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Kitzhaber pushes for wind tax credit extension

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Must Reads
Friday, November 09, 2012

Gov. John Kitzhaber will urge Congress next week to pass an extension of the federal Production Tax Credit for wind energy.

The Governors Wind Energy Coalition, a bipartisan group of 28 governors supportive of the wind industry, will hold a news conference on Capital Hill at 8 a.m. to implore Congress to extend the credits during their upcoming lame-duck session.

The program offers an income tax credit of 2.2 cents per kilowatt hour of energy produced from utility scale wind turbines. Supporters view it as a critical tool to helping make wind cost-competitive with other energy sources, while opponents criticize it as an unnecessary handout to support a technology that can’t stand on its own in the marketplace.

Read more at Sustainable Business Oregon.

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