AWEA statement on Chairman Camp's tax reform proposal
The American Wind Energy Association today released the following comment on House Ways and Means Chairman Dave Camp's (R-MI) proposal for tax reform legislation:
WASHINGTON—The American Wind Energy Association today released the following comment on House Ways and Means Chairman Dave Camp's (R-MI) proposal for tax reform legislation:
"Retroactive tax increases undermine investors' trust in the US investment environment. To raise taxes retroactively on an industry that has invested up to $25 billion annually in this country and built 550 manufacturing facilities would be bad policy. The wind industry has been and will continue to be engaged in tax reform discussions. The Senate Finance Committee offered a very constructive approach to reform in our view and we look forward to working with Congress as debate over tax reform continues." -- Tom Kiernan, CEO, American Wind Energy Association
AWEA is the national trade association of the U.S. wind energy industry. We represent 1,000 member companies and over 114,000 jobs in the U.S. economy, serving as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemisphere’s largest wind energy event, the AWEA WINDPOWER Conference & Exhibition, next in Denver, June 1-4, 2020. WINDPOWER 2020 will be housed within CLEANPOWER, the new exhibition hub for utility-scale renewable energy, bringing together wind power, solar power, and energy storage industries. Find information about wind energy on the AWEA website. Gain insight into industry issues on AWEA's blog, Into the Wind. And please join us on Facebook and follow @AWEA on Twitter and LinkedIn.