Spokeswoman says Romney backs US wind industry, not PTC
Romney calls solar and wind two of the most “ballyhooed” forms of alternative fuel, saying they remain sharply uncompetitive on their own with conventional resources such as oil and gas in most applications. “Indeed, at current prices, these technologies make little sense for the consuming public but great sense only for the companies reaping profits from taxpayer subsidies,” he says.
August 11, 2012
by Richard A. Kessler
in Recharge News
US Republican presidential candidate Mitt Romney supports the US wind industry, even though he opposes extension of the main federal tax credit that promotes its development, a spokeswoman for his campaign says.
"Governor Romney is a strong supporter of wind power and appreciates the industry's extraordinary technological progress and its important contributions to America's energy supply," Amanda Henneberg says.
President Barack Obama's administration has provided billions of dollars in subsidies and other support to the wind industry, but this has done more harm than good, she contends.
"Governor Romney will instead set the industry on a course... [continue via Web link]