The Wind Production Tax Credit: Time to End Big Wind's Loophole

“We hear a lot of talk about federal subsidies for Big Oil. I would like to talk about federal subsidies for Big Wind – $14 billion between 2009 and 2013, according to the Joint Tax Committee. And what do we get for these billions in subsidies? A puny amount of unreliable electricity that arrives disproportionately at night when we don’t need it. Americans are finding out that these are not your grandma's windmills. These gigantic turbines – which look so pleasant on the television ads paid for by the people getting all the tax breaks – are three times as high as football stadiums, taller than the Statue of Liberty, with blades as wide as a football field; you can see the blinking lights for 20 miles, and on top of that, these giant turbines have become the Cuisinart in the sky for birds. It’s time to end Big Wind’s big loophole.”
– Lamar Alexander

• Wednesday, Mar 07, 2012
• TIME12:30 PM -