Senator Rips Obama For Not Pressing Senate Leadership On Wind Energy PTC Extension

Posted by NAW Staff on May 25, 2012 No Comments
Categories : Policy Watch

Sen. Chuck Grassley, R-Iowa – co-sponsor of bipartisan legislation to extend the production tax credit (PTC) for wind power – is speaking out about President Obama's latest effort to encourage a PTC extension.

Although Grassley supports Obama's decision to visit Iowa to push for a PTC renewal, he says the president should be taking other measures to ensure the PTC does not expire.

‘I'm glad the president likes Iowa, but his visit won't have much to do with getting the wind energy tax credit extended,’ Grassley said in a statement. "He could travel down the street from the White House to the Capitol and talk to the congressional leadership instead – especially in the Senate, controlled by his party.

"It was surprising to read in the paper this week that he hasn't talked to key committee chairmen in his own party in months," he continued. "Maybe the lack of communication is why the president and the Senate Democrats let the biodiesel tax credit expire at the end of 2011 and made that industry suffer from uncertain tax policy."

In addition to introducing this latest bipartisan PTC-extension bill, Grassley authored the first-ever wind energy PTC legislation, which was signed into law in 1992.

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