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Cantwell touts wind's effects on economy - The industry creates jobs at the Port of Vancouver and elsewhere, the senator says
Cantwell, a member of the Senate Energy Committee, helped push through Congress a two-year extension of a production tax credit for wind energy, which helped seal the current Vestas deal and provide jobs at the Port, Clark said. The credit was to expire on Dec. 31, 2005.
The extension provides a 1.9 cent per kilowatt hour tax credit to the wind farm owner -- which passes the savings to ratepayers -- for electricity generated with turbines over the first 10 years of a project -- a break that has been crucial to wind farm development, port officials said.
Cantwell said she also has proposed a bill for the development of clean energy that would ensure the tax credit until 2015. The lengthy extension would provide more predictability for investment and allow the wind power industry to grow, she said.
August 22, 2006
by Holley Gilbert
in The Oregonian
VANCOUVER -- The Port of Vancouver's expertise in receiving wind turbine components is helping jumpstart a new economy that could reduce the country's dependence on foreign oil and transform Americans into "energy leaders, not energy laggards," U.S. Sen. Maria Cantwell said Monday at the Port.
Cantwell, D-Wash., met with Port officials and longshoremen on a statewide tour to highlight how innovation is creating jobs in Washington. She spoke at Terminal 2 against a backdrop of a 129-foot wind turbine blade manufactured by Vestas Wind Systems of Denmark and shipped through the Port.
Components for 127 wind turbines are passing through... [continue via Web link]
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