05 Aug '12, 12am

Senate Committee Revives Wind Energy Tax Credit; Nuclear-Fueled Exelon Seeks to Squash It

Senate Committee Revives Wind Energy Tax Credit; Nuclear-Fueled Exelon Seeks to Squash It

Rising to CEO through Exelon’s nuclear power division, CEO Christopher Crane says that after 20 years, it’s time to let the federal wind energy PTC expire. “The (production tax credit) has been in place since 1992, I believe,” Crane was quoted as saying during an earnings conference call with investors and analysts Wednesday.” And I think that’s enough time to jump-start an industry, 20 years. So, we’ve made it known, even as a wind company, that it should be stopped.”

Full article: http://cleantechnica.com/2012/08/04/senate-committee-revi...

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