The potential of the Production tax credit expiring in December 2012 does not Bode well with Wind proponents.
The argument being used by the American Wind Energy Association and their supporters is that without the Production tax credit thousands of jobs will evaporate. As a result of this thinking, U.S. lawmakers said they may consider extending and then phasing out the main tax break for producing wind energy.[1]
In the past Obama, a big proponent of wind energy has publicly referred to Spain’s wind energy program as a model for the U.S. To follow.
However a report written by Professor Gabriel Calzada Álvarez PhD.
Showed each “green job” created by Spain’s aggressive wind energy program cost Spain nearly $800,000 and resulted in the loss of 2.2 jobs elsewhere in the economy.
[2]
An example of the realities of Wind energy played itself out earlier this month when Spain announced that they would halt all new renewable energy and co-generation
projects.{3]
How long will this administration waste our tax dollars following a failed a industry model?
[1]Bloomberg
u-s-lawmakers-consider-phaseout-of-wind-energy-tax-break
[2] Professor Caldza's report ~Link here to Caldza's report
{3] Gateway Pundit
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