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Sierra Club Applauds
President Obama’s Support of Production Tax Credit for
President Obama visited a manufacturer of wind turbine blades in Newton, Iowa
to call on Congress to renew the Production Tax Credit (PTC) for wind energy. The
PTC helps level the playing field and is critical for providing the certainty
that the wind industry needs for continued growth. While the wind industry
today employs approximately 75,000 Americans, if the PTC is not renewed, half
of these jobs will be lost.
A recent poll
shows that almost two-thirds – 64 percent – of Americans agree with President
Obama that the PTC’s vital job-creating benefits should be continued.
In response, Michael
Brune, President of the Seirra Club, issued the following statement:
Sierra Club applauds President Obama for his continued effort to double down on
a clean energy economy. By supporting the critical Production Tax Credit for
wind energy, the President is showing his commitment to creating thousands of
American jobs while keeping our families healthy.
Wind power already provides 20 percent of Iowa’s electricity and is on track to
produce 20 percent of the nation’s electricity by 2030. Yet some in Congress
would rather throw tax giveaways at billionaire big polluters who are raking in
huge profits while pedaling dirty energy that makes our kids sick.
There’s no reason big polluters should get any more of our money when we have
the opportunity to support a clean energy economy that creates new jobs while also
protecting our air, our water, and our families. Iowans know it, President
Obama knows it, and the vast majority of Americans agree – extend the critical
production tax credit, let the wind blow and help our economy grow.”