AWEA calls for federal tax policies extension
The AWEA has sent a letter urging Congress to immediately extend expired and expiring clean energy tax measures.
By Ritesh Gupta
The American Wind Energy Association (AWEA), along with more than 450 businesses, companies and other organisations, last week signed and sent a letter urging Congress to immediately extend expired and expiring clean energy tax measures, including the renewable energy Production Tax Credit (PTC) and Investment Tax Credit (ITC), before the end of 2014.
The association highlighted that these bipartisan tax provisions have helped in cutting down the cost of clean energy technologies, including wind power.
According to the association, on average American wind power attracts $15bn dollars in private investment a year to the economy.