On the recordJune 13, 2012
I thank Senator Conrad. He is always gracious and compelling, and I appreciate the strong case he made for his point of view. I rise as I did yesterday, and I will continue to do so, to highlight why it is so important that we extend the production of the tax credits, or PTC as it is known, for wind energy. Senator Bennet from Colorado joins me, feeling the urgency of the moment. Members of both parties have agreed that the PTC is vital for continued economic growth in our country. Put simply, the PTC means good-paying American jobs. The longer we wait, the more American jobs we can expect to be lost in the coming months and weeks ahead. When I go home, Coloradoans say to me it does not make any sense that we would not extend the production tax credit. So over the next couple of weeks I am going to come to the floor every day to talk about how the wind production tax credit affects each State across the country, to drive home the point that real American jobs will be lost if we do not take this commonsense step. The PTC has meant economic growth in Colorado. We have a favorable business climate in Colorado, and we have tremendous wind resources. In fact, if we harness the wind potential that is there, similar to the wind potential that is off the shores of the State of the Presiding Officer, there is enough wind power to go way beyond our needs. In Colorado's case, 25 times over the State's electricity needs could be met if we harness and harvest that wind.…





