A clear ... and not so clear value
Mr. Royer (Winergy CEO opinion 29th letter “In support of “RICL”) states wind industry is at a critical crossroad. Any industry that depends on taxpayers’ subsidies on yearly renewal will always be in a crisis.
In 2013, Mr. Royer was one of the 14 wind energy leaders who met with President Obama to request extension of productive tax credit (PTC). A stable industry doesn’t need to beg for taxpayers’ money.
More than $8 billion given the past 21 years amounts to only 3 percent of our nation’s electricity. Now wind is seeking public support and more tax money for interstate transmission projects under the pretense this will improve productivity.
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