November 22, 2012

The Future of Wind Energy

The Wind Production Tax Credit (PTC), which expires at the end of the year, has been an unparalleled success since it was enacted in 1992. In addition to helping lower the cost of wind energy by 90% and power the equivalent of 12 million homes, the PTC supports 75,000 wind jobs and helps raise $20 billion in private investment in wind energy each year.

Yet thanks to massive opposition raised by the Koch brothers and other polluters, we could be weeks away from losing one of the most successful programs to promote wind energy in the U.S., and tens of thousands of the jobs that have come with it. Not only that, but wind energy can lower our electricity bills. 

In an analysis filed with the state of Massachusetts, NStar estimated it could buy energy from three land-based wind projects at prices below the anticipated market cost for conventionally generated electricity, saving a total of $111 million over the life of the contracts. 
Much of that is in jeopardy if Congress fails to act. Tell Congress: Renew the Wind Production Tax Credit. 

Click here to sign a petition to renew the Wind Production Tax Credit. 
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