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Bipartisan group of Illinois Representatives supports PTC extension

Bipartisan group of Illinois Representatives supports PTC extension

Four U.S. Representatives from the Illinois Congressional delegation have signed a letter to the Leadership of the House and Senate calling for “a short-term Production Tax Credit (PTC) extension for wind energy at the earliest opportunity in the first quarter of 2012.”

According to the four, “Wind energy has provided countless benefits to our state, including tremendous economic development, new manufacturing jobs, and an increased domestic energy supply.  The PTC has been the critical force behind this success.  In 2011, Illinois ranked first in the nation for new turbine installation, bringing our total wind energy output to 2,743 megawatts, fourth in the nation.  The wind industry has contributed significantly to our economic recovery, supporting over 7,000 direct and indirect jobs, and ushering in a brand new manufacturing industry that complements the skilled Illinois work force. There are over 100 wind-related businesses operating across our state, with thousands more contributing to the supply chain. …

“However, the PTC for wind is set to expire at the end of 2012.  The economic growth, infrastructure, jobs, and manufacturing are at risk of grinding to a halt–not just in Illinois, but also across the country.  The wind industry, like all industries, needs some certainty to allow for continued growth.  If the PTC is not extended immediately, our communities back home stand to lose jobs, manufacturing, infrastructure, and private investment.”

The letter is signed by Reps. Robert J. Dold (R), Jan Schakowsky (D), Timothy V. Johnson (R), and Jesse Jackson, Jr. (D).

A House bill seeking to extend the PTC has 70 cosponsors, including 18 Republicans. This legislation has received the endorsement of a broad coalition of more than 370 members, including the National Association of Manufacturers, the American Farm Bureau Federation, the Edison Electric Institute, and the Western Governors’ Association. A PTC extension also has the support of the U.S. Chamber of Commerce and the bipartisan Governors’ Wind Energy Coalition, which includes 23 Republican and Democratic Governors from across the U.S.

Further endorsements of the wind energy production tax credit

Related articles:

Kansas City Star backs PTC extension, praises Brownback, Moran, February 23, 2012
Bennet visits composites factory, urges PTC extension, February 23, 2012
Moran visits Siemens factory, pushes PTC extension, February 22, 2012
WindTV: PTC key to wind power manufacturing jobs, February 21, 2012
Topeka Capital-Journal: Extend the PTC, February 21, 2012
U.S. Rep. Steve King (R-IA): PTC is jobs engine conservatives should support, February 17, 2012
Bennet, Moran continue bipartisan push to extend PTC, February 16, 2012
Major U.S. consumer brands like Nike on extending the PTC: Just Do It!, February 15, 2012
Oklahoma Gov. Fallin urges conferees: Extend the PTC, February 15, 2012
Michigan worker's plea: Extend PTC, help wind power create U.S. jobs, February 13, 2012
Bipartisan letter from entire Iowa Congressional delegation urges: Extend the PTC
, February 10, 2012
Senate Energy Chairman Bingaman: Act now to save clean-energy jobs
, February 9, 2012
Bipartisan letter from Colorado Congressional delegation urges: Extend the PTC
, February 8, 2012
Republican governors push for PTC extension; Senators express support
, February 2, 2012
U.S. Chamber of Commerce joins broad range of groups endorsing PTC extension
, February 1, 2012
WindTV: Wind power drives commerce in small-town America
, January 24, 2012
Denver Post endorses PTC extension 'sooner rather than later'
, January 18, 2012
WSJ op-ed: 'Want Growth? Try Stable Tax Policy'
, January 5, 2012
Red State Energy, Red State Jobs
, November 29, 2011
Governors' letter urges prompt extension of wind tax incentive
, November 16, 2011

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