Bipartisan support for PTC extension is growing, exec says

02/14/2012 | E&E TV

Bipartisan support is growing for a plan to include an extension of the renewable-energy Production Tax Credit in the payroll tax bill, according to Steve Lockard, CEO of TPI Composites and a board member of the American Wind Energy Association. The support will grow as "more members on [Capitol] Hill and their staff come to understand the opportunity to create and sustain U.S. manufacturing jobs with an extension of the Production Tax Credit," Lockard said. Renewing the PTC is "an urgent issue" because there is a lead time associated with wind projects and some developers are already starting to lay off workers, Lockard said.

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