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Nov 12, 2012

Governor’s Wind Energy Coalition Calls for Extension of the PTC

In a letter to Congressional leadership today, Iowa Governor Terry Branstad and Oregon Governor John Kitzhaber, urged Congressional leadership “…to take swift action to extend the PTC before the end of this congressional session.”

“Thousands of jobs in the wind industry have already been impacted by the credit’s looming expiration and thousands more are at risk,” the governors wrote. “We urge you to take swift action to extend the PTC before the end of this congressional session.”

The governors pointed out that “[w]ithout a PTC extension, it is estimated that the U.S. economy will lose 37,000 wind industry jobs and the opportunity to leverage over $10 billion of private investment. Our states are already seeing these impacts.”

“The United States has some of the best wind resources in the world,” wrote the governors wrote, “ but the lack of policy stability hinders the nation’s ability to develop them fully. Please support our states in the pursuit of economic strength, energy diversity, and consumer savings by acting quickly to extend the PTC.”

The Governors’ Wind Energy Coalition is a bipartisan group of the nation’s governors who are dedicated to the development of the nation’s wind energy resources to meet America’s domestic energy demands in an environmentally responsible manner — while reducing the nation’s dependence on imported energy sources and stimulating state and national economic development. For more informatio about the Governors’ Wind Energy Coalition, visit www.GovernorsWindEnergyCoalition.org

Read the Governors’ letter to Congress.