In Texas, Ambivalence Over Wind Tax Credit Extension

February 14, 2012  |   Posted by :   |   Blog,Renewable Energy   |   Comments Off»

February 14, Texas Tribune

The production tax credit, due to expire at the end of 2012, offers wind farm owners 2.2 cents for every kilowatt-hour of power they generate. If the credit expires (or if an extension is delayed) wind groups fear a major slowdown in turbine manufacturing and wind farm construction. As such, the wind industry is working furiously to attach a one-year extension of the production tax credit to a bill that extends a payroll tax cut that expires at the end of this month. Reaction by the Texas lawmakers is mixed. See the full article for official statements from both democrats and republicans.

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