U.S. lawmakers said they may consider extending and then phasing out the main tax break for producing wind energy.

Representative Patrick Tiberi, an Ohio Republican, said today he wanted to hear from the wind-energy industry about how such a phase-out might work.

"Is it two years?" asked Tiberi, a senior member of the tax-writing House Ways and Means Committee. "Is it three years? What is the magic number? And so this is the beginning of a process, but I think it's a helpful process."

Tiberi spoke after a hearing that addressed the wind credit and dozens of other expiring tax... [continue via Web link]