End tax credits for wind energy now, Tennessee Republican says

16 Nov 2017   Wind

A Tennessee Republican says wind energy has advanced to the point that it no longer needs tax breaks. Tennessee draws most of its power from coal.  It’s wasteful to keep offering production tax credits to a “mature technology” like wind energy in the United States, a Tennessee Republican said. U.S. Sen. Lamar Alexander , R-Tenn., spoke on the floor in support of ending a wind production tax credit by the end of the year as part of a broader tax overhaul under consideration in the nation’s capital. “We have turned our attention to tax reform and our principle challenge is to find tax breaks and loopholes to eliminate so that we can lower rates for taxpayers,” he said . “And I think that at the top of the list should be ending the wasteful and expensive subsidy for a clearly […]

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