President pushes wind tax credit in Colorado Thursday as wind reaches milestone

August 11, 2012 by  
Filed under Wind Energy Tips

Speaking Thursday in Colorado, a state with one of the largest wind turbine factories in the country, President Obama advocated the extension of the Production Tax Credit (PTC) for wind. The credit is responsible for phenomenal growth of wind energy but it is set to expire if not extended before year’s end. Congress has failed to act.

The President reminded crowds in Denver, Grand Junction, Pueblo, and Colorado Springs on his 2-day tour that wind energy employs 5,000 people in Colorado and 37,000 nationally but those jobs will be in jeopardy if Congress does not extend the tax credit. Pueblo is the home of Vestas, a Danish wind turbine company that opened its plant in Colorado partly because of the tax credit. There are utility scale wind energy projects in 39 states.

The President pointed out that Mitt Romney is against extending the wind tax credit while he supports the $4 billion a year in subsidies to oil companies that are making record breaking profits.

This week, the U.S. wind energy has blown through an historic milestone: 50 gigawatts of electric generating capacity. The announcement was made by Denise Bode, CEO of the American Wind Energy Association AWEA) Wednesday at the National Clean Energy Summit hosted by Senate Majority Leader Harry Reid (D-NV) in Las Vegas, and attended by Secretary of the Interior Ken Salazar.

In a press release Ms Bode said:

“The 50 gigawatts (GW) online today means that U.S. wind turbines now power the equivalent of nearly 13 million American homes, or as many as in Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. In addition, 50 gigawatts (GW) of wind power capacity:

• Represents the generating power of 44 coal-fired power plants, or 11 nuclear power plants.

• Avoids emitting as much carbon dioxide as taking 14 million cars off the road.

• Conserves 30 billion gallons of water a year compared to thermal electric generation, since wind energy uses virtually no water.

According to AWEA, some of the new projects that contributed to crossing the 50 gigawatt threshold are projects newly connected to the power grid in Nevada, Oklahoma, Idaho, California, Hawaii and Iowa utilizing turbines made by General Electric, REpower, Siemens and Colorado’s Vestas.

President Obama said in Colorado that wind energy has strong bi-partisan support despite Romney’s opposition. President George W. Bush pushed wind energy setting a goal of generating 23% of our electricity from wind. Two of the chief proponents of wind energy are Iowa’s Republican Governor Terry Branstead, and its Republican Senator Chuck Grassley who is considered to be the father of the tax credit. Both were unhappy with Romney’s position on the PTC.

“This milestone for wind-energy production marks continued success for this clean, renewable and domestically produced energy source,” said Sen. Chuck Grassley. “Wind energy has exceeded expectations since I first authored the tax incentive, in 1992, and offers an ideal for expanded production and use of alternative energy sources in the future.”

U.S. Rep. Frank Lucas (R-OK) also supports wind energy. “It is amazing that 50,000 megawatts of our nation’s power is generated from clean and affordable wind energy,” he said. “As a leader of Congress, representing Oklahoma’s Third Congressional District, I have supported the wind energy in the past, and I will continue to support it in the future.”

“These truly are the best of times and could be the worst of times for American wind power,” said MS Bode. “This month we shattered the 50-gigawatt mark, and we’re on pace for one of our best years ever in terms of megawatts installed. But because of the uncertainty surrounding the extension of the Production Tax Credit, incoming orders are grinding to a halt.

“Layoffs have begun up and down our American manufacturing supply chain, which the industry has so proudly has built up in support of the U.S. economy and made-in-the USA manufacturing. And when incoming orders stop, so do factories,” she added.

A Senate Committee voted to extend the tax credit before Congress went on a 5-week vacation. Senator Reid said the full Senate will vote on it after the recess. It is not certain whether enough Republicans in the Senate will joint Democrats to get over the 60 votes required to stop an expected filibuster. There is more doubt whether the Republican controlled House will pass the extension.

If you like this article follow me on Facebook or subscribe to my column above.

President pushes wind tax credit in Colorado Thursday as wind reaches milestone

August 11, 2012 by  
Filed under Wind Energy Tips

Speaking Thursday in Colorado, a state with one of the largest wind turbine factories in the country, President Obama advocated the extension of the Production Tax Credit (PTC) for wind. The credit is responsible for phenomenal growth of wind energy but it is set to expire if not extended before year’s end. Congress has failed to act.

The President reminded crowds in Denver, Grand Junction, Pueblo, and Colorado Springs on his 2-day tour that wind energy employs 5,000 people in Colorado and 37,000 nationally but those jobs will be in jeopardy if Congress does not extend the tax credit. Pueblo is the home of Vestas, a Danish wind turbine company that opened its plant in Colorado partly because of the tax credit. There are utility scale wind energy projects in 39 states.

The President pointed out that Mitt Romney is against extending the wind tax credit while he supports the $4 billion a year in subsidies to oil companies that are making record breaking profits.

This week, the U.S. wind energy has blown through an historic milestone: 50 gigawatts of electric generating capacity. The announcement was made by Denise Bode, CEO of the American Wind Energy Association AWEA) Wednesday at the National Clean Energy Summit hosted by Senate Majority Leader Harry Reid (D-NV) in Las Vegas, and attended by Secretary of the Interior Ken Salazar.

In a press release Ms Bode said:

“The 50 gigawatts (GW) online today means that U.S. wind turbines now power the equivalent of nearly 13 million American homes, or as many as in Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. In addition, 50 gigawatts (GW) of wind power capacity:

• Represents the generating power of 44 coal-fired power plants, or 11 nuclear power plants.

• Avoids emitting as much carbon dioxide as taking 14 million cars off the road.

• Conserves 30 billion gallons of water a year compared to thermal electric generation, since wind energy uses virtually no water.

According to AWEA, some of the new projects that contributed to crossing the 50 gigawatt threshold are projects newly connected to the power grid in Nevada, Oklahoma, Idaho, California, Hawaii and Iowa utilizing turbines made by General Electric, REpower, Siemens and Colorado’s Vestas.

President Obama said in Colorado that wind energy has strong bi-partisan support despite Romney’s opposition. President George W. Bush pushed wind energy setting a goal of generating 23% of our electricity from wind. Two of the chief proponents of wind energy are Iowa’s Republican Governor Terry Branstead, and its Republican Senator Chuck Grassley who is considered to be the father of the tax credit. Both were unhappy with Romney’s position on the PTC.

“This milestone for wind-energy production marks continued success for this clean, renewable and domestically produced energy source,” said Sen. Chuck Grassley. “Wind energy has exceeded expectations since I first authored the tax incentive, in 1992, and offers an ideal for expanded production and use of alternative energy sources in the future.”

U.S. Rep. Frank Lucas (R-OK) also supports wind energy. “It is amazing that 50,000 megawatts of our nation’s power is generated from clean and affordable wind energy,” he said. “As a leader of Congress, representing Oklahoma’s Third Congressional District, I have supported the wind energy in the past, and I will continue to support it in the future.”

“These truly are the best of times and could be the worst of times for American wind power,” said MS Bode. “This month we shattered the 50-gigawatt mark, and we’re on pace for one of our best years ever in terms of megawatts installed. But because of the uncertainty surrounding the extension of the Production Tax Credit, incoming orders are grinding to a halt.

“Layoffs have begun up and down our American manufacturing supply chain, which the industry has so proudly has built up in support of the U.S. economy and made-in-the USA manufacturing. And when incoming orders stop, so do factories,” she added.

A Senate Committee voted to extend the tax credit before Congress went on a 5-week vacation. Senator Reid said the full Senate will vote on it after the recess. It is not certain whether enough Republicans in the Senate will joint Democrats to get over the 60 votes required to stop an expected filibuster. There is more doubt whether the Republican controlled House will pass the extension.

If you like this article follow me on Facebook or subscribe to my column above.

President pushes wind tax credit in Colorado Thursday as wind reaches milestone

August 11, 2012 by  
Filed under Wind Energy Tips

Speaking Thursday in Colorado, a state with one of the largest wind turbine factories in the country, President Obama advocated the extension of the Production Tax Credit (PTC) for wind. The credit is responsible for phenomenal growth of wind energy but it is set to expire if not extended before year’s end. Congress has failed to act.

The President reminded crowds in Denver, Grand Junction, Pueblo, and Colorado Springs on his 2-day tour that wind energy employs 5,000 people in Colorado and 37,000 nationally but those jobs will be in jeopardy if Congress does not extend the tax credit. Pueblo is the home of Vestas, a Danish wind turbine company that opened its plant in Colorado partly because of the tax credit. There are utility scale wind energy projects in 39 states.

The President pointed out that Mitt Romney is against extending the wind tax credit while he supports the $4 billion a year in subsidies to oil companies that are making record breaking profits.

This week, the U.S. wind energy has blown through an historic milestone: 50 gigawatts of electric generating capacity. The announcement was made by Denise Bode, CEO of the American Wind Energy Association AWEA) Wednesday at the National Clean Energy Summit hosted by Senate Majority Leader Harry Reid (D-NV) in Las Vegas, and attended by Secretary of the Interior Ken Salazar.

In a press release Ms Bode said:

“The 50 gigawatts (GW) online today means that U.S. wind turbines now power the equivalent of nearly 13 million American homes, or as many as in Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. In addition, 50 gigawatts (GW) of wind power capacity:

• Represents the generating power of 44 coal-fired power plants, or 11 nuclear power plants.

• Avoids emitting as much carbon dioxide as taking 14 million cars off the road.

• Conserves 30 billion gallons of water a year compared to thermal electric generation, since wind energy uses virtually no water.

According to AWEA, some of the new projects that contributed to crossing the 50 gigawatt threshold are projects newly connected to the power grid in Nevada, Oklahoma, Idaho, California, Hawaii and Iowa utilizing turbines made by General Electric, REpower, Siemens and Colorado’s Vestas.

President Obama said in Colorado that wind energy has strong bi-partisan support despite Romney’s opposition. President George W. Bush pushed wind energy setting a goal of generating 23% of our electricity from wind. Two of the chief proponents of wind energy are Iowa’s Republican Governor Terry Branstead, and its Republican Senator Chuck Grassley who is considered to be the father of the tax credit. Both were unhappy with Romney’s position on the PTC.

“This milestone for wind-energy production marks continued success for this clean, renewable and domestically produced energy source,” said Sen. Chuck Grassley. “Wind energy has exceeded expectations since I first authored the tax incentive, in 1992, and offers an ideal for expanded production and use of alternative energy sources in the future.”

U.S. Rep. Frank Lucas (R-OK) also supports wind energy. “It is amazing that 50,000 megawatts of our nation’s power is generated from clean and affordable wind energy,” he said. “As a leader of Congress, representing Oklahoma’s Third Congressional District, I have supported the wind energy in the past, and I will continue to support it in the future.”

“These truly are the best of times and could be the worst of times for American wind power,” said MS Bode. “This month we shattered the 50-gigawatt mark, and we’re on pace for one of our best years ever in terms of megawatts installed. But because of the uncertainty surrounding the extension of the Production Tax Credit, incoming orders are grinding to a halt.

“Layoffs have begun up and down our American manufacturing supply chain, which the industry has so proudly has built up in support of the U.S. economy and made-in-the USA manufacturing. And when incoming orders stop, so do factories,” she added.

A Senate Committee voted to extend the tax credit before Congress went on a 5-week vacation. Senator Reid said the full Senate will vote on it after the recess. It is not certain whether enough Republicans in the Senate will joint Democrats to get over the 60 votes required to stop an expected filibuster. There is more doubt whether the Republican controlled House will pass the extension.

If you like this article follow me on Facebook or subscribe to my column above.

President pushes wind tax credit in Colorado Thursday as wind reaches milestone

August 11, 2012 by  
Filed under Wind Energy Tips

Speaking Thursday in Colorado, a state with one of the largest wind turbine factories in the country, President Obama advocated the extension of the Production Tax Credit (PTC) for wind. The credit is responsible for phenomenal growth of wind energy but it is set to expire if not extended before year’s end. Congress has failed to act.

The President reminded crowds in Denver, Grand Junction, Pueblo, and Colorado Springs on his 2-day tour that wind energy employs 5,000 people in Colorado and 37,000 nationally but those jobs will be in jeopardy if Congress does not extend the tax credit. Pueblo is the home of Vestas, a Danish wind turbine company that opened its plant in Colorado partly because of the tax credit. There are utility scale wind energy projects in 39 states.

The President pointed out that Mitt Romney is against extending the wind tax credit while he supports the $4 billion a year in subsidies to oil companies that are making record breaking profits.

This week, the U.S. wind energy has blown through an historic milestone: 50 gigawatts of electric generating capacity. The announcement was made by Denise Bode, CEO of the American Wind Energy Association AWEA) Wednesday at the National Clean Energy Summit hosted by Senate Majority Leader Harry Reid (D-NV) in Las Vegas, and attended by Secretary of the Interior Ken Salazar.

In a press release Ms Bode said:

“The 50 gigawatts (GW) online today means that U.S. wind turbines now power the equivalent of nearly 13 million American homes, or as many as in Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. In addition, 50 gigawatts (GW) of wind power capacity:

• Represents the generating power of 44 coal-fired power plants, or 11 nuclear power plants.

• Avoids emitting as much carbon dioxide as taking 14 million cars off the road.

• Conserves 30 billion gallons of water a year compared to thermal electric generation, since wind energy uses virtually no water.

According to AWEA, some of the new projects that contributed to crossing the 50 gigawatt threshold are projects newly connected to the power grid in Nevada, Oklahoma, Idaho, California, Hawaii and Iowa utilizing turbines made by General Electric, REpower, Siemens and Colorado’s Vestas.

President Obama said in Colorado that wind energy has strong bi-partisan support despite Romney’s opposition. President George W. Bush pushed wind energy setting a goal of generating 23% of our electricity from wind. Two of the chief proponents of wind energy are Iowa’s Republican Governor Terry Branstead, and its Republican Senator Chuck Grassley who is considered to be the father of the tax credit. Both were unhappy with Romney’s position on the PTC.

“This milestone for wind-energy production marks continued success for this clean, renewable and domestically produced energy source,” said Sen. Chuck Grassley. “Wind energy has exceeded expectations since I first authored the tax incentive, in 1992, and offers an ideal for expanded production and use of alternative energy sources in the future.”

U.S. Rep. Frank Lucas (R-OK) also supports wind energy. “It is amazing that 50,000 megawatts of our nation’s power is generated from clean and affordable wind energy,” he said. “As a leader of Congress, representing Oklahoma’s Third Congressional District, I have supported the wind energy in the past, and I will continue to support it in the future.”

“These truly are the best of times and could be the worst of times for American wind power,” said MS Bode. “This month we shattered the 50-gigawatt mark, and we’re on pace for one of our best years ever in terms of megawatts installed. But because of the uncertainty surrounding the extension of the Production Tax Credit, incoming orders are grinding to a halt.

“Layoffs have begun up and down our American manufacturing supply chain, which the industry has so proudly has built up in support of the U.S. economy and made-in-the USA manufacturing. And when incoming orders stop, so do factories,” she added.

A Senate Committee voted to extend the tax credit before Congress went on a 5-week vacation. Senator Reid said the full Senate will vote on it after the recess. It is not certain whether enough Republicans in the Senate will joint Democrats to get over the 60 votes required to stop an expected filibuster. There is more doubt whether the Republican controlled House will pass the extension.

If you like this article follow me on Facebook or subscribe to my column above.

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