Sharing the Burden of the Wind PTC Wind
Federal subsidies, production tax credit, PTC, wind power
By Institute for Energy Research Robert Murphy—— Bio and Archives--December 16, 2013
Global Warming-Energy-Environment | Comments | Back To Full Article
A new study by IER estimates the net burden of the wind Production Tax Credit (PTC) broken down by state. The study finds that 30 states (plus the District of Columbia) are net losers, meaning that their citizens pay more in taxes to fund the PTC than members of the state receive in PTC subsidies. However, the PTC is still a losing deal even for most of the people in the “winning” states, too, because the subsidies go to the producers of wind power.
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