Today, the US Senate is casting a vote critical to the future of the U.S. wind industry. Wind power has grown by leaps and bounds in recent years, and the wind industry now employs more than 80,000 Americans and generates enough electricity to power 15 million homes. Wind is providing affordable, reliable electricity from coast to coast – in 2013 Iowa got 27 percent of its electricity from wind power, while South Dakota got 26 percent. Despite this momentum, wind power’s full potential continues to rest in the hands of members of Congress, including some with close ties to fossil fuel industries.
The Senate Finance Committee is voting today on legislation that includes an extension of critical clean energy tax incentives, namely the Production Tax Credit (PTC) and Investment Tax Credit (ITC) for renewable energy, as well as key energy efficiency tax credits. This is a critical step in ultimately renewing these provisions.
These clean energy incentives support tens of thousands of American jobs — jobs that are at risk if Congress does not act immediately.
Despite all the economic and environmental benefits the wind industry provides nationwide, Congress allowed the wind Production Tax Credit to expire at the end of 2013. The resulting uncertainty has slowed new investments in wind generation and hampered the massive growth the industry saw in 2012.
It’s incredibly frustrating to see some Members of Congress turn a blind eye to the benefits of wind power – from jobs and local economic growth, to clean air and water. While the Senate Finance Committee is moving proactively, the House of Representatives hasn’t yet moved off the dime, leaving tens of thousands of wind jobs hanging in the balance. Unfortunately, some of those Members of Congress are dragging their feet at the behest of fossil fuel interests, and blocking American innovation in the process.
Americans across party lines want the U.S. to be a clean energy leader, and the economic benefits of wind power are flowing to red and blue states. In fact, more than 80 percent of our nation’s installed wind capacity is in US Congressional districts represented by Republicans. Last week, Texas set a wind power generation record – topping 10,000 megawatts, enough to power five million homes.
Clean energy is here to stay, and its future is even brighter. For the economy and for our environment, we need Congress to renew the Production Tax Credit, and ensure America continues to lead the way in developing the technologies that will power the world in the twenty-first century. TAKE ACTION: Tell Congress to protect American clean energy jobs!