![]() US: 24 governors wants Obama to focus on wind energyA coalition of 24 governors from both major parties and each region of the USA wants President Obama to provide better conditions for wind power developments. Aug. 29, 2011 - Kari Williamson - renewableenergyfocus.com The coalition wants a 7-year extension of the Production Tax Credit (PTC) and the Investment Tax Credit (ITC) to provide stable, low tax rates for wind-generated electricity. The letter from the Governors Wind Energy Coalition, signed by Coalition Chair Gov. Lincoln Chafee (I-RI), and Vice Chair Gov. Terry Branstad (R-IA), says: "Although tax credits for wind energy have long enjoyed bipartisan support, they are scheduled to expire next year. Wind-related manufacturing will slow if the credits are not extended, and some of the tax credits' benefit will be lost if Congress pursues a last-minute extension. It is important to have consistency in policy to support the continued development of wind manufacturing in the United States. Extending the production tax credit and the investment tax credit, without a gap, is critical to the health of wind manufacturing in our nation. The wind manufacturing industry in the US would benefit even greater if the extension of these credits would be for at least 7 years." The American Wind Energy Association's (AWEA) CEO, Denise Bode, comments: “Governors have always focused on jobs and economic development as their main responsibility. Now that Washington is following suit, it helps for these Governors to tell Washington what has been putting people to work in their states. "It is also helpful for them to support the removal of roadblocks that can occur in administrative agencies, so that deployment objectives are not unintentionally thwarted." The governors' letter also calls for:
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