News
Romney favors end to tax credit for wind
Despite Iowa's stake in wind and Romney's apparent emphasis on winning the swing state, the GOP candidate has shown little love for the industry.
Literature from the Romney campaign calls wind energy "sharply uncompetitive" and said the industry "seems to be operating more on faith than on fact-based economic calculation."
July 16, 2012
by Adam B Sullivan
in Iowa City Press-Citizen
Acciona focused on exporting to other countries
IOWA CITY, IA. - Mitt Romney's opposition to wind power could put a damper on Iowa's wind industry and its thousands of jobs, advocates say.
The federal wind energy production tax credit is set to expire at the end of the year. Staffers for Romney, the likely Republican presidential candidate, said he wants to end the credit, but didn't specify whether it should be allowed to expire this year or phased out shortly after. President Barack Obama wants an indefinite extension of the tax credit.
Industry insiders and policymakers in Iowa, Republicans and Democrats alike, say... [continue via Web link]
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