Environmentalist, state lawmakers push for PTC extension

wind tax

A recent report by the organization Environment Colorado detailed how beneficial wind energy has been for the U.S. economy and environment. In Colorado alone, enough wind energy is produced to displace emissions from 525,000 cars a year, and wind projects have saved enough water to meet the needs of more than 23,000 of the state's residents.

In Colorado, about 9.2 percent of the state's energy needs are met through wind energy, according to the group's report. The environmental group is urging Congress to extend critical incentives, like the wind power production tax credit (PTC) that will be eliminated in 2013 unless lawmakers vote to extend it before the end of the year.

"The wind PTC is also a commonsense way to support clean energy and to reduce our carbon emissions," said Colorado Senator Mark Udall in a release. "It is critical that Congress extend the PTC ASAP and support clean, renewable wind energy."

The Energy Collective reported that the U.S. wind energy market and industry has been "one of the few bright spots" in the nation's struggling economy. In Maine, wind energy projects offset some 403,000 metric tons of carbon pollution each year, the article stated, helping in the nation's fight against climate change.

In Pennsylvania, developers are waiting to see if lawmakers extend the tax credit before they begin construction on new wind energy projects, the Post Gazette reported. Already, three projects were canceled this summer due to the uncertainty of the future of the tax. Representative Jason Altmire said recently in a speech that renewable energy supports the U.S. economy by providing thousands of jobs.

PennEnergy's research area offers details on the wind energy industry in the U.S.

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