DOE official: PTC has generated 'innovation, jobs'
The federal wind energy Production Tax Credit (PTC) has been "effective ... in producing American innovation [and] creating new American jobs" and should be extended, Deputy Energy Secretary Daniel Ponemon said late last week in Houston. On the question of how long the credit should last, he added, "We're going to let the proof be in the results, as opposed to some arbitrary date."
Poneman made his remarks during a tour of a Proinlosa Energy Corp. factory that manufactures wind turbine components, according to a story by Simone Sebastian in the Houston Chronicle.
Poneman also announced $30 ...