Most Colorado Congress members back PTC extension

Six of Colorado’s seven U.S. House of Representatives members and both of its U.S. senators have signed a letter calling for the extension of the federal wind production tax credit, or “PTC,” that the renewable energy industry considers critical, as part of the payroll tax extension.

Signing the letter in support of the PTC were Colorado U.S. Democratic Sens. Michael Bennet and Mark Udall; U.S. Democratic Reps. Diana DeGette, Ed Perlmutter and Jared Polis as well as U.S. Republican Reps. Cory Gardner, Scott Tipton and Mike Coffman.

Only U.S. Rep. Dough Lamborn, R-Colorado Springs, hasn’t signed the letter, his office confirmed.

“I support wind as part of an all-of-the-above energy plan,” Lamborn said in an emailed statement.

“As chairman of the Natural Resources subcommittee [of the House] Energy and Mineral Resources [committee], I recently helped pass H.R. 2173, the Advancing Offshore Wind Production Act through the full committee. That bill would reduce regulatory barriers for the wind industry in seeking permits on federal lands.

“My preference is to help industry grow by reducing federal regulations and mandates as opposed to carving out special interests in the tax code,” Lamborn said.

Read more in the Denver Business Journal.

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