Posts Tagged ‘wind energy’
President Obama supports tax breaks for wind energy.
You do the math.
Marcos Moulitsas posted about it yesterday.
Iowa is quite competitive this year. [Click here to see the trendlines on DailyKos]. So in an election where marginal parochial issues may make a difference, it’s surprising that ethanol isn’t center stage. It’s wind power.
The lines are now drawn on a political hot button in Iowa: a lucrative tax break for wind energy.
Mitt Romney is against it, President Barack Obama favors it — opposing stances that could have political and economic implications in Iowa, which has more wind energy jobs than any other state in the nation.
And it’s not just Democrats attacking Romney for his position.
Top GOP leaders in Iowa — including Republican Gov. Terry Branstad and the entire congressional delegation — champion the tax break as a vital economic development tool.
Monday evening, U.S. Rep. Tom Latham said the position Team Romney laid out “shows a lack of full understanding of how important the wind energy tax credit is for Iowa and our nation. It’s the wrong decision.” Latham called for Romney to re-evaluate.
A spokeswoman for U.S. Sen. Chuck Grassley said Monday he considers the tax credit he authored to be a tremendous success, but he has been talking with wind backers “about options that include a multi-year phase-out along with tax reform.”
I wanted to provide you with an update on my continued advocacy on behalf of Iowa’s renewable energy industry and in particular for the wind energy industry. Wind energy manufacturers in our state provide good paying jobs for thousands of Iowans and have made significant contributions to our state being the second largest producer of wind energy in the country.
This is why I was so pleased to recently be named a USA Wind Jobs Champion by the 2,400 member companies of the American Wind Energy Association (AWEA). The award recognizes work to create and sustain U.S. jobs in the wind energy industry and its manufacturing supply chain. I was pleased to accept this award instead for the hard-working employees of the wind energy manufacturing companies in Iowa.
To highlight the need to reauthorize the Production Tax Credit (PTC) for wind energy, I used the award as an opportunity to visit Siemens Wind in Fort Madison and Acciona Turbines in West Branch to talk about the importance of wind energy to Iowa with the employees there. I’ve been working to bring attention to the PTC and push the Majority in the House to bring up legislation to reauthorize it and a variety of other renewable energy support like for biodiesel. Unfortunately many wind manufacturers are already seeing orders drop off as a result of inaction on the PTC.
Support for the wind energy industry is going to be critical for our continued move away from imported fossil fuels and energy independence for the US. I’m happy Iowa is playing such a critical role in this new beginning for renewable energy which is continuing to provide more homegrown power for Iowa homes and businesses every day. I will continue to work to highlight the importance of wind energy for Iowa’s economy and jobs.
Iowa’s Second District