Senator Alexander: Wind Industry phase-out is “a brazen fleecing” Wind

Posted December 18, 2012 | folder icon Print this page

In a speech Thursday on the Senate floor, Senator Lamar Alexander (R-Tenn.) gave the following floor speech in response to the wind industry’s phase-out proposal of the wind Production Tax Credit:

“This government in Washington, DC, is borrowing 42 cents out of every dollar we spend. That is why I come to the floor to point out a proposal that has been made to fleece the taxpayers out of an additional $50 billion over the next 6 years. This is a proposal that is as brazen as a mid-day bank robbery on Main Street.  It is a proposal by the wind developers of America to say to the taxpayers: ‘Please give us $50 billion or so more dollars over the next 6 years to phase-out the Federal taxpayer subsidy for wind power…’”

Watch the full video below:

 

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Author:
IER Webmng
  • http://www.facebook.com/people/Archaeos-Pteryx/100002165648613 Archaeos Pteryx

    They want a 5 year phase out, becausue they figure that 5 years will be enough to saturate the grid, reach the 4-6% penetration plateau, prove that they do not substitute any conventional fuel. Puny, expensive and fraudulent. They will take the money and run.

  • Longboat

    First time here to this website – what a load of thinly veiled petroleum propaganda it is!