Urge Your Representative to Vote for the Production Tax Credit (PTC) Extension.
Thanks to you for making your voice heard on Capitol Hill. The U.S. Senate just voted overwhelmingly, 93 to 2, to approve legislation containing a one-year extension of the crucial wind energy Production Tax Credit (PTC) through December 31, 2009. The bill, H.R. 6049, also would create a new investment tax credit for purchases of small wind systems used to power homes, farms and small businesses.
Next, the bill must be approved by the full House of Representatives in a vote late this week. Once again, your voices are crucial in order to clear this final hurdle before Congress adjourns at the end of September. This vote is the last opportunity this year for Congress to extend the PTC.
Wind energy is not only a significant component of the global warming solution, but also a powerful engine in the U.S. economy. Since January 2007, more than 40 wind industry manufacturing facilities have been announced, brought online, or expanded in the U.S., creating over 9,000 jobs and $1 billion in manufacturing investment. When the PTC has lapsed in the past, wind energy investments have fallen 73-93% in the following years. We cannot allow this bright spot in our economy to burn out.
Please contact your Representative and urge him or her to vote Yes on H.R. 6049.