GOP Sen. Wants EPA To Scrap Clean Energy Incentive Plan
Law360, New York (August 2, 2016, 6:11 PM EDT) -- The U.S. Environmental Protection Agency's proposed Clean Energy Incentive Program would provide unnecessary incentives to wind developers who already benefit from tax credits, a U.S. senator told the agency on Monday.
In a letter to EPA Administrator Gina McCarthy, U.S. Sen. Lamar Alexander, R-Tenn., said the program's proposed "emission rate credits" would further distort the market, as Congress has already extended a wind production tax credit — which he argued has cost taxpayers $13 billion between 1992 and 2014 — until 2019. Alexander, who opposes the CEIP, said that extension alone will cost taxpayers $20 billion over the next 10 years....
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