Wind Production Tax Credit
Senator Alexander: Wind Industry phase-out is “a brazen fleecing”
 | By Institute for Energy Research (Bio and Archives) Tuesday, December 18, 2012 Comments | Print friendly | Subscribe | Email Us |
In a speech Thursday on the Senate floor, Senator Lamar Alexander (R-Tenn.) gave the following floor speech in response to the wind industry’s phase-out proposal of the wind Production Tax Credit:
“This government in Washington, DC, is borrowing 42 cents out of every dollar we spend. That is why I come to the floor to point out a proposal that has been made to fleece the taxpayers out of an additional $50 billion over the next 6 years. This is a proposal that is as brazen as a mid-day bank robbery on Main Street. It is a proposal by the wind developers of America to say to the taxpayers: ‘Please give us $50 billion or so more dollars over the next 6 years to phase-out the Federal taxpayer subsidy for wind power…’”
Watch the full video below:
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