WhatFinger

PTC, wind energy, wind production tax credit

STUDY: Majority of States Losing Millions to Big Wind


WASHINGTON -- In a study released today assessing the distributional impacts of federal wind subsidies, analysts from the Institute for Energy Research found that 30 states and the District of Columbia are marking up net losses to fund the wind Production Tax Credit (PTC) and pour millions of their taxpayer dollars into the pockets of wind producers. In fact, producers in the top ten "taking" states received more than 72 percent of the total PTC subsidy transfers in 2012, while entire regions of the country receive zero subsidies but are forced to pay an unfair share of the tax burden related to federal wind subsidies.
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