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END the wind PTC and business/government cronyism!
Wednesday, December 12, 2012 14:11
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(Photo credit: Wikipedia)
As the Batavia Daily News observed recently, Invenergy is eagerly waiting for this “Lame Duck” Congress to extend the decades-old federal Production Tax Credit (PTC) for industrial wind facilities. Meanwhile, thousands of local tax- and rate-paying citizens are eagerly awaiting the expiration – the permanent expiration – of this $0.022/kWh subsidy. The PTC is nothing more than a tax-shelter-generator for wealthy, multinational, rent-seeking corporations like Invenergy.
2012-12-12 14:00:25
Source: http://climatechangedispatch.com/home/10819-end-the-wind-ptc-and-businessgovernment-cronyism
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