Quantcast
Environmental News for a Healthier Planet and Life

Wind PTC Lost in Shuffle as Senate Partisanship Kills Tax Extension Package

Climate
Wind PTC Lost in Shuffle as Senate Partisanship Kills Tax Extension Package

Partisanship killed an $85 billion tax package in the U.S. Senate Thursday, which in turn also eliminated another opportunity to extend the wind production tax credit (PTC).

Senate Republicans said Majority Leader Harry Reid blocked them from making amendments to the package. Eliminating the PTC was one of the key amendments they hoped to make, according to a report from The Hill.

It was the latest development in a long line of disappointments ever since the PTC expired at the close of 2013.

The wind production tax credit's latest chance at rebirth was crushed by partisanship in the Senate. Photo credit: 4Neus/Flickr Creative Commons

“We have the technology to produce clean energy that doesn’t threaten our climate or our children’s future. Thanks to incentives like the production tax credit, we are producing enough homegrown, pollution-free wind power to power 15 million American homes," Environment America’s Federal Global Warming Program Director Julian Boggs said in a statement. "Investing in clean energy has bipartisan support, and it’s the right thing to do.

“That’s why it is so disappointing to see our nation’s investment in renewable energy fall victim to partisanship and gridlock. Senate leaders should come together as soon as possible and move forward to renew these incentives and get America back on track toward the clean energy future we need.”

Instead of Senate Republicans offering amendments to the tax package, Reid filed cloture after blocking the minority. This was after Reid complained that Minority Leader Mitch McConnell (R-Ky.) and the Republicans had been blocking the progress of Senate legislation.

The tax package, written by Senate Finance Committee Chairman Ron Wyden (D-OR), failed in a 53-40 vote. Much like the failure to get a vote on the Keystone XL pipeline, the tax package fell victim to partisan fighting.

The PTC was one of 50 tax breaks within the package.

“It’s more important to assert our rights than to do anything else,” said Sen. Orrin Hatch (R-Utah). “I consider the way the Senate is being run right now to be an absolute tragedy.

"It’s inexcusable.”

——–

YOU ALSO MIGHT LIKE

Senator’s Powerful Statement Puts Wind PTC in Perspective

Failure to Pass Tax Credit Creates Uncertainty for Wind Industry

——–

Eat Just's cell-based chicken nugget is now served at Singapore restaurant 1880. Eat Just, Inc.

At a time of impending global food scarcity, cell-based meats and seafood have been heralded as the future of food.

Read More Show Less

EcoWatch Daily Newsletter

New Zealand sea lions are an endangered species and one of the rarest species of sea lions in the world. Art Wolfe / Photodisc / Getty Images

One city in New Zealand knows what its priorities are.

Dunedin, the second largest city on New Zealand's South Island, has closed a popular road to protect a mother sea lion and her pup, The Guardian reported.

Read More Show Less

Trending


piyaset / iStock / Getty Images Plus

In an alarming new study, scientists found that climate change is already harming children's diets.

Read More Show Less
Wildfires within the Arctic Circle in Alaska on June 4, 2020. Contains modified Copernicus Sentinel data processed by Pierre Markuse. CC BY 2.0

By Jeff Masters, Ph.D.

Earth had its second-warmest year on record in 2020, just 0.02 degrees Celsius (0.04°F) behind the record set in 2016, and 0.98 degrees Celsius (1.76°F) above the 20th-century average, NOAA reported January 14.

Read More Show Less

In December of 1924, the heads of all the major lightbulb manufacturers across the world met in Geneva to concoct a sinister plan. Their talks outlined limits on how long all of their lightbulbs would last. The idea is that if their bulbs failed quickly customers would have to buy more of their product. In this video, we're going to unpack this idea of purposefully creating inferior products to drive sales, a symptom of late-stage capitalism that has since been coined planned obsolescence. And as we'll see, this obsolescence can have drastic consequences on our wallets, waste streams, and even our climate.

Read More Show Less