03 Aug '12, 3pm

As US wind power gets tax extension boost Spanish industry fights for its life: As the Spanish wind industry fac...

The $3.3bn one-year extension to the PTC – estimated to drive up to $20 billion a year of private investment a year into US wind farms and thus deemed critical for ongoing onshore wind development - was supported 19-5. It is due to expire at the end of this year. Without an extension, Navigant Consulting estimates that 37,000 jobs will be lost by early 2013. Meantime, the Senate Committee also approved an extension of the 30% Investment Tax Credit (ITC), which provides an incentive for the development of offshore and community wind projects was also supported. "We applaud the committee for this act of leadership to move critical policies forward in a difficult environment," said Denise Bode, CEO of the American Wind Energy Association . "This was an extremely important step to provide critical certainty to keep people at work in wind energy manufacturing and construction."...

Full article: http://www.renewableenergyfocus.com/view/27391/as-us-wind...

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renewableenergyfocus.com 04 Aug '12, 4am

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More than 400 corporate subsidiaries linked to Marcellus Shale gas exploration have been registered in Delaware, most with...

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