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Transforming Production Tax Credits

Three reasons to make them a permanent part of U.S. energy policy.

Fortnightly Magazine - July 2006

that protects the recovery of sales revenues from qualifying projects would reduce the risk of default to close to zero and provide a very attractive use of the full faith and credit guarantee. Extending that type of guarantee as a replacement for the PTC could greatly lower the scored cost to the Treasury and still provide the same magnitude of public return to renewable energy developers.