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Jane Richey / January 3, 2013

Issa to Take Aim at Revised Wind Credit

A recently renewed wind power credit could face more scrutiny next Congress, as House Committee on Oversight and Government Reform Chairman Darrell Issa (R-Calif.) said Wednesday that the credit is of “serious interest” to his committee.

Issa criticized a “dramatic” alteration to the credit that he said amounted to an expansion of the program.

“In 24 hours the heavily subsidized wind industry has gone from the verge of collapse to a modern-day Gold Rush. H.R. 8 seems to create a perverse incentive to rush production of additional facilities even when there may not be adequate demand for wind, biomass, or geothermal energy,” Issa told The Hill in a statement.

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Filed Under: Agenda 21, Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics Tagged With: fiscal cliff, tax credits, wind power

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