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.