Republican lawmakers attack wind tax credits saying they hurt coal

By Robert Bowen, Examiner

Senator Lamar Alexander (R-TN) and Congressman Mike Pompeo (R-KS) have decided to make an all out push to kill the Production Tax Credits (PTC) for the wind industry. Alexander’s opposition is one reason Senator Harry Reid has not brought the bill up for a vote before next weeks vacation.

The pair authored an Op-Ed in the Wall Street Journal today entitled “Puff the Magic Drag on the Economy. The subtitle of the article is “Time to let the pernicious production tax credit for wind power blow away.”

Wind energy has doubled under President Obama and the coal industry feels threatened, particularly with the low cost of natural gas. This is partly what is behind the Republican push to kill the PTC… Read more

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