Fiscal cliff, PTC expiration threaten wind
New research from the Environment America Research & Policy Center finds that current wind power generation prevents as much global warming pollution as taking 13 million cars of the road annually. This data comes as the fiscal cliff inches closer and as the future future of wind remains questionable due to the pending expiration of the wind production tax credit at the end of 2012.
The Environment America Research & Policy Center is urging Congress to extend critical federal incentives for wind power, including the renewable energy production tax credit and the offshore wind investment tax credit before they expire. Wind development is expected to slow significantly without the tax credits.
"Our message to Congress is clear: Don't throw wind power off the fiscal cliff," said Courtney Abrams, clean energy advocate for Environment America. "We urge Congress to extend the renewable energy production tax credit and the offshore wind investment tax credit as soon as possible before the end of the year."
Environment America reports that wind saves water that is used for cooling power plants. Wind energy saves enough water to supply the annual water needs of a city the size of Boston, according to the research.
Environment America's report also claims that wind energy reduces air pollution by avoiding 137,000 pounds of smog-forming emissions and 91,000 pounds of soot-forming emissions every year.
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