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Public Statements

Udall Welcomes Senate Finance Committee's Action on Wind Production Tax Credit

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Mark Udall thanked the Senate Finance Committee today for passing language that will reauthorize the wind Production Tax Credit, which expires at the end of this year. Udall has been an ardent supporter of reauthorizing the wind Production Tax Credit and has called out those who have advocated for ending Congress's support of the fledgling wind energy industry.

"Passing the wind Production Tax Credit is one of the most important steps Congress can take this year to re-energize our economy, create jobs and pursue true energy security. I am glad to see the Senate Finance Committee agrees," Udall said. "The American people expect us to act. The Senate Finance Committee took a step in that direction, but the full Senate needs to act -- and soon -- to prevent China and other countries from stepping into the breach caused by our failure to act swiftly on the PTC."

Earlier this week, Udall joined with Sen. Michael Bennet (D-Colo.), Sen. Scott Brown (R-Mass.) and Sen. Jerry Moran (R-Kan.) in sending a bipartisan letter asking the Senate Finance Committee to add the wind Production Tax Credit to the tax-extenders package. Udall also recently joined with Bennet and Moran to reauthorize the wind Production Tax Credit as an amendment to the Small Business Jobs and Tax Relief Act.

The wind energy sector employs 75,000 hard-working Americans in well-paying jobs, including 6,000 jobs in Colorado alone.


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