20 Nov '11, 3pm

Congress Killing Wind Energy Jobs, Bipartisan Governors Group States (Congress Less Popular than BP, IRS, Nixon,...

Congress Killing Wind Energy Jobs, Bipartisan Governors Group States (Congress Less Popular than BP, IRS, Nixon,...

Wind-related manufacturing is beginning to slow in our states because the credit has not yet been extended. If Congress pursues a last minute approach to the extension, the anticipated interruption of the credit’s benefits will result in a significant loss of high-paying jobs in a growing sector of the economy. The leading wind project developers and manufacturers are slowing their plans for 2013 and beyond due to the current uncertainty. Some developers have no projects scheduled for 2013, and are beginning to lay off employees. The ripple effect of this slow down means reduced orders for turbines and decreased business for the hundreds of manufacturers who have entered the wind industry in our states. If the tax credit is allowed to expire at the end of 2012, there will be negative impacts on the high-tech manufacturing jobs that the industry has brought to or created in...

Full article: http://cleantechnica.com/2011/11/20/congress-killing-wind...

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