31 Dec '12, 6pm

Firms Scramble To Complete Wind Energy Projects Before Year’s End

Firms Scramble To Complete Wind Energy Projects Before Year’s End

We previously wrote about a CEO’s comments on the longevity of wind tax credits and the importance of that to the economy. As noted then, a one-year tax credit is not enough to facilitate the completion of projects, and is barely enough even to complete the construction of a wind farm. This short and intermittent wind tax credit causes economic shock because of the large scale of wind power plants, which hire people and then have to fire them as the projects are grinded to a halt due to a sudden loss of funding, which will happen again tomorrow.

Full article: http://cleantechnica.com/2012/12/31/firms-scramble-to-com...

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