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Battle over extending tax breaks for wind energy producers

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  • Description

    New battle brewing over alternative energy

  • Duration 2:17
  • Date

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It's.

A battle going on over alternative energy in it's heating up right now.

There's a group of lawmakers that are warning of layoffs a lot of them if -- states.

And congress failed to extend the federal tax break for wind energy producers you know those Windmills Johnson he just saw a bunch in Pennsylvania but they -- -- wait.

And critics are saying the tax break supports projects of questionable value.

Let's ask a -- Yahoo! and yes she's live in Denver with more -- -- yeah.

Hi -- the American wind energy association says 37000.

US jobs.

Could be lost if congress fails to extend the wind production tax credit.

It has bipartisan support but there's a lot of opposition to and it's set to expire at the end of this year.

Not a philosophical discussion of -- -- Green energy or did deserve better jobs in Colorado and across the country that we may lose forever if we don't get this passed this is a bracket that.

US senator Democrat Michael Bennet says his state and others in the -- supply chain can't afford to let congress delay legislation warning companies won't planned for new projects without certainty.

Our businesses need predictability.

They need to know who they can are going to be able -- it.

The credit helps developers of wind farms which power the business of companies like best is a wind turbine manufacturer.

With production and research in Colorado.

-- is indicated layoffs could become a reality without the credit.

When does spring as you know.

So it's a commodity that will never run out of it we'll continue.

And that's really not fair critics including Colorado's own congressman Republican -- -- born say it's time for wind to support itself we shouldn't be giving handouts to certain sectors of the energy market.

Because government distorts the market place he says these types of manufacturing jobs are too dependent on help from Washington at a forecasted cost.

Of two to four billion next year it can go away any time.

So I would favored jobs that are permanent and stable and long lasting because they're based on the free market.

Now senator Bennett has offered an amendment with the plan that he says is paid for also Jamie there are bills in both the house and senate.

But both -- moving slowly back to you a lot of people looking at that investment and jobs thanks Elise yeah.

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