Washington, D.C. - Congressman Dave Loebsack today led a call to Congressional leaders to take action and extend the job-creating Production Tax Credit (PTC) and Investment Tax Credit (ITC) before the 113th Congress adjourns. Loebsack joined with Senator Tom Harkin and Representative Bruce Braley in writing to the leaders of both the House and Senate calling for Congress to provide the wind energy industry the stability it needs to operate. The three have been longtime proponents of the wind energy industry.
"Like all businesses, the wind industry seeks certainty and predictability so that long term project decisions and investments can be made. Without that stability, we once again risk losing many of the jobs, infrastructure and investment that the wind industry has created," the Members wrote. "Time is running out for us to pass an extension of the PTC and ITC to help to avoid further layoffs and divestment. It is imperative that a vote to extend these important provisions occurs before the 113th Congress adjourns sine die."
A copy of the letter can be found here.
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