David Victor on the California Wind Production Tax Credit
In Southern California, too, election puts wind tax breaks on trial
10/06/2012
Morgan Lee,
U-T San Diego
It’s not just the wind plains of Iowa and Texas. San Diego, too, is being buffeted by the election-year tussle over the future of a major federal tax break for wind farms.
Republican presidential nominee Mitt Romney has come out against extending the wind production tax credit beyond Dec. 31 as a matter of fiscal responsibility. The subsidy, which dates back two decades, has been embraced by President Barack Obama under his “all of the above” energy strategy that emphasizes renewable technologies and greater fuel independence.
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David G. Victor is a professor at the School of International Relations and Pacific Studies and director of the School’s Laboratory on International Law and Regulation. His research focuses on how the design of regulatory law affects issues such as environmental pollution and the operation of major energy markets. He is the author of Global Warming Gridlock, named one of The Economist's best science and technology books of 2011.
