FFC SUPPORTS WIND PRODUCTION TAX CREDIT

As part of its strategic policy work, Friends Fiduciary advocates for extension of the Production Tax Credit (PTC) for wind energy.  Federal support is critical at this juncture to bring wind energy, a clean, sustainable energy source, to scale.  Early federal support of horizontal drilling led to the current shale gas boom.  If a technology such as hydraulic fracturing, with its attendant environmental risks can receive early federal support, there should be no question of supporting a much cleaner technology and energy source.  In addition to the Op-Ed, earlier this month, Friends Fiduciary joined a cross section of social investors, managing over $800 billion in assets, in supporting an immediate, multi-year extension of the PTC in a letter to the House and Senate. Click here for the full article.