On the recordDecember 11, 2012
first of all, I had an opportunity to hear what Senator Udall of Colorado had to say about Iowa and my participation, and I thank him very much for his kind remarks. This year Senator Mark Udall is the champion of people speaking about the wind energy tax credit. I have spoken a few times, but he has spoken for every State that has a wind energy business. He has spoken many times more than I have, and I wish to compliment Senator Udall from Colorado for doing that. I think it is a foregone conclusion that after 20 years' of investment of taxpayer money in what we call the tax incentive for wind energy, and with the industry just about becoming a mature industry-- and there are different points of view within the industry, but in just a few years it will be starting to phase out--this wind energy tax credit can go away because it will be a mature industry much as the ethanol tax credit went away at the end of last year. So with this tremendous investment, it seems to me it would be a shame not to continue it so we can get to maturity, and then in a sense ratify the decision of the good investment of taxpayer money that has already been made. So today it is my privilege to join my colleague, Senator Udall of Colorado, on the floor of the Senate to discuss the importance of wind energy and the need to extend the production tax credit for wind. I appreciate Senator Udall's commitment to the production tax credit for wind energy.…





