Wind power execs like their subsidy
Executives are asking Congress to extend the subsidy for another three or four years until the industry becomes self-sufficient. But political experts say it's unlikely Congress will even consider the tax credit until after the November election.
June 5, 2012
by Ellen Reinhardt
in GPB News
ATLANTA - Representatives from the wind power industry are gathering in Atlanta this week. They say Georgia and the rest of the southeast show great promise to grow wind manufacturing jobs. But they are worried about losing a federal subsidy.
Georgia currently has nine facilities that manufacture component parts for wind turbines.
Denise Bode with the American Wind Energy Association, says thanks to a federal tax credit the southeast has seen a big increase in production.
"We were able, in a very short period of time, to basically add 90 manufacturing facilities in a four or five state region here in the... [continue via Web link]