Michael Wu: The wind tax credit does a whirl of good
By Truman Project Staff | 6.7.12
Truman Advocacy Policy Director Michael Wu in the Washington Post:
Regarding the June 4 editorial “Wind power,” on the federal wind production tax credit (PTC):
Wind power is the second-fastest-growing energy source in the country, generating enough energy for 10 million homes. Since 1998, the amount of wind power generated in the United States has increased by nearly 40-fold. With more than 60 percent of a wind turbine’s components produced in the United States, wind power is an unqualified American manufacturing success story.
By providing investors and manufacturers with an incentive to create clean, renewable energy, the PTC has driven innovation and made the United States a world leader in wind-energy manufacturing.
The views expressed in this opinion piece are those of the author and do not necessarily reflect the views of the Truman National Security Project or Educational Institute.