[Congressional Record (Bound Edition), Volume 159 (2013), Part 12]
[House]
[Page 17166]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       THE PRODUCTION TAX CREDIT

  (Mr. McNERNEY asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. McNERNEY. Mr. Speaker, I stand in support of the wind power 
industry and the Production Tax Credit. The PTC has been instrumental 
in helping create jobs. The wind industry now supports 80,000 American 
jobs in 44 States.
  Last week, a bipartisan Governors' Wind Energy Coalition wrote to the 
leaders of both Chambers of Congress asking for a multiyear extension 
of the PTC. They confirmed that, due to the delayed extension of PTC in 
2013, only one wind turbine was installed in the first 6 months of this 
year, a 99 percent decrease from the $25 billion invested in 2012.
  A year and a half ago, the American Wind Energy Association 
commissioned a report that found a 4-year extension of the PTC would 
secure some 54,000 jobs. The PTC expiration has resulted in an average 
81 percent decrease in wind energy installations.
  Democrats and Republicans have repeatedly come together to extend the 
PTC. That cooperation is needed again.
  I urge my colleagues to support American jobs by supporting a 
multiyear extension of the Production Tax Credit.

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