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Wednesday, November 13, 2013

The Wind Production Tax Credit Should Not Be Extended

With the U.S. government "closed for business" and a looming debt ceiling crisis the debate over whether or not to extend the wind energy Production Tax Credit (PTC) is not getting much attention these days. President Obama's official position is that the PTC should be extended indefinitely. Many in Congress disagree and there are is ample private sector and research lab commentary on both sides of the question. Continue...

1 comment:

Anonymous said...

The fact that an industry is so dependent on a single tax break benefit should tell you something about the underpinnings of that industry -- that the underpinnings are weak and long term profitability is nowhere in sight.

Let's cut our losses and move on to clean technology that has a good chance of working.