Monday, January 16, 2012

More on the Energy Front

From: Congressman Bruce Braley
Subject: Clean Energy for Iowa
December 22, 2011

I am writing to give an update on the work I have been doing this Congress to promote Iowa's wind industry, which is a major growth area for the state.

Iowa is first in the nation in per-capita wind energy production, and second nationally in total annual wind energy production in megawatt-hours. According to the Iowa Wind Energy Association, the Iowa wind energy industry already employs over 3000 full-time workers. That number could grow with a more certain investment climate for the wind energy.

In November, I introduced the American Renewable Energy Production Tax Credit Extension Act. This bill will extend the wind energy production tax credit or another four years. Without Congressional action, the existing wind energy production tax credit will expire at the end of 2012.

Additionally, I sent a letter to House Leadership asking that the wind tax credit be passed in time so that investment in Iowa's wind energy sector won't slow down. The earlier this extension takes place, the more certainty there is for those who want to invest in wind and its future. I will continue to work to get this extension passed sooner rather than later.

Wind is a clean, renewable energy source that can also help improve Iowa's economy, and I will continue working to expand the use of wind energy in America.

Sincerely,

Bruce Braley,
Member of Congress

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