The Wind PTC: A Victim of Politics

The Wind PTC: A Victim of Politics | lindsaym

renewableenergyworld.com 09 Aug '12, 7pm

The Wind PTC: A Victim of Politics

Jobs and the economy – these are the messages being heralded of utmost importance during the presidential campaigns. Meanwhile, with the wind energy industry still on pins and needles regarding an extension to the Production Tax Credit (PTC), no orders for wind projects in the U.S. have been placed for 2013. Manufacturers are left with no other choice but to begin dismissing employees. Just this week, two sets of wind manufacturing layoffs have been announced. First, blade manufacturer LM Wind Power said it will be forced to lay off 230 people at its facility in Little Rock, Ark. Then wind tower manufacturer DMI Industries said it will close its plants in Tulsa, Okla. and West Fargo, N.D. The plant in West Fargo will close in October and terminate 217 employees. The Tulsa plant will close in November and 167 people will be laid off. President Barack Obama is actually using...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/08...

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@autococker2011 » 13 Aug '12, 8pm
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Sad but true > The Wind PTC: A Victim of Politics | @lindsayemorris [link]
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The Wind PTC: A Victim of Politics [link]
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The Wind PTC: A Victim of Politics [link]