2016 Postmortem
Related: About this forumMitt Romney Supports An End To Wind Tax Credit, Which Could ‘Mean The Loss Of Several Thousand Jobs’
Staffers for Mitt Romneys presidential campaign say the candidate wants to end the wind production tax credit.
That federal credit has allowed the wind industry to compete with heavily-subsidized fossil fuels that do considerable harm to the environment and public health impacts that are not reflected in their price.
The production tax credit provides wind developers with a tax benefit of 2.2 cents for every kilowatt-hour of wind electricity produced far below the air pollution damages caused by coal plants. Without Congressional action, the incentive will expire at the end of this year, potentially resulting in the loss of tens of thousands of manufacturing and construction jobs supported by the sector.
Romney has hinted that he wants to end federal tax support for clean energy, but he has not yet made a definitive statement on the production tax credit. However, the Des Moines Register is now reporting that Romney has taken a more concrete stance on the issue:
http://thinkprogress.org/climate/2012/07/16/520211/mitt-romney-supports-an-end-to-wind-tax-credit-which-could-mean-the-loss-of-several-thousand-jobs/
louis-t
(23,295 posts)Then repugs vote against anything that would make that possible.
riverbendviewgal
(4,253 posts)gas, oil, coal, and corn...nothing subsidized
Politicalboi
(15,189 posts)Always be subsidized. Wind and solar only. Fracking is going to be the death of this planet.