23 Oct '17, 2pm

ACORE CEO Greg Wetstone responds to Scott Pruitt's comments that the #PTC and #ITC should be eliminated:

ACORE CEO Greg Wetstone responds to Scott Pruitt's comments that the #PTC and #ITC should be eliminated:

“Environmental Protection Agency Administrator Scott Pruitt’s assertion last week that the federal tax credits for wind and solar power should be eliminated leads one to wonder if he is aware that these credits are already phasing out under a bipartisan tax package agreed to in late 2015. It’s troubling that the Administrator would focus his tax views on the dwindling Federal support for the renewable sector, rather than the permanent subsidies for fossil fuels that have been in place for more than 90 years. With responsibility for protecting the nation’s air quality, one would hope the Administrator would value the tremendous improvement in pollution levels accompanying the booming growth in the renewable energy sector. And then there is the reality of what the $50 billion in annual renewable energy investment means for the U.S. economy, including the creation of the coun...

Full article: http://acore.org/acore-blog/item/4302-responding-to-admin...

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