There is no doubt in my mind that if every state in the U.S. had a strong wind resource, we would not be talking about the domestic wind energy industry potentially losing its production tax credit (PTC). You know, the thing that most Republicans like to attack for being a waste of taxpayer dollars while saying nothing about the billions upon billions in tax payer dollars we pony up every year for the very mature and very profitable fossil fuel industries.
But you know, it all comes down to individual states and regions. The truth is, not all Republicans are fighting against the PTC extension. In fact, some are strongly supporting it. And these lawmakers are all hailing from states that have strong wind resources – and of course, jobs at stake.
Take Representative Steve King from Iowa. In a recent op-ed piece, King wrote:
“…wind supports as many as 5,000 Iowa jobs, and $11 million in annual land lease payments to Iowa farmers. Iowa wind has prompted $300 million in private investment in Iowa manufacturing facilities.”
And as pointed out in a piece published by Pete Danko of earthtechling.com. . .
In deeply red Kansas, support for the PTC comes from Republican Gov. Sam Brownback—joining Republican governors from Iowa [PDF] and Oklahoma [PDF] in backing the extension—and from Rep. Jerry Moran (R-Kan.). Moran’s district includes the Hutchinson Wind Energy plant, where Siemens employs more than 350 people to make turbine nacelles.
During a recent visit to the plant, Moran told a local newspaper, “There’s no doubt in my mind if we extend it that this is a job creator. More people will be working and paying taxes and helping get our financial house in order.”
You can read the full article here.
Not all Republicans Want to Kill the Wind Energy Industry originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.