12 Dec '11, 6pm

Tax Credit Extension Crucial to US Clean Energy Growth, Manufacturing & Jobs Revival

Tax Credit Extension Crucial to US Clean Energy Growth, Manufacturing & Jobs Revival

First enacted as back in 1992 as part of that year’s Energy Policy Act, the wind energy PTC provides a 2.2 cent per kilowatt-hour tax credit for the first ten years of electricity production from utility-scale wind turbines. It’s been extended four times , and it’s been allowed to “sunset” three times, recounts the Union of Concerned Scientists. The “on-again, off-again” tax policy of the federal government has led to a cycle of boom-and-bust in the wind energy and other renewable energy industries that’s compromised and hindered their development and growth.

Full article: http://cleantechnica.com/2011/12/12/tax-credit-extension-...

Tweets

Wind Energy Tax Credit Expiration Would Yield Job Losses, Big Cuts in Capacity:

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Testimony: Extend the U.S. Production Tax Credit to preserve thousands of American jobs #wind #windenergy

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Berjaya Times Square fashion event. Credit:

Berjaya Times Square fashion event. Credit:

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