Please add the Governors' Wind Energy Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Wind Energy Coalition

September 24, 2012

Wind Sprints to the Cliff

By MATTHEW L. WALD, New York Times  •    •  Posted 2012-09-24 12:09:03

The wind industry’s main trade association is predicting that new installations will fall to zero without a renewal of the production tax credit, which applies only to projects finished by New Year’s Eve. Since renewal is iffy, some wind machine factories are already shutting down, as my colleague Diane Cardwell reported on Friday. From another perspective, this is the moment for the feast before the famine: the impending deadline means that a surge of projects are approaching completion. On Saturday, officials will cut the ribbon on what some people say is the largest onshore wind farm in the United States, Shepherds Flat in north-central Oregon. [ read more … ]

Opinion: Wind power tax credit is vital to jobs

By: Sen. Ron Wyden (D-Ore.) who serves on the Energy and Natural Resources Committee and the Finance Committee. Politico  •    •  Posted 2012-09-24 12:09:27

Just as the wind energy industry is poised for a record year, uncertainty about federal energy policy is threatening to pull the plug on its future. The federal production tax credit for wind power is set to expire in less than three months. Wind energy companies are already curtailing manufacturing and construction plans, laying off workers along the way. More layoffs are expected if we don’t act quickly. An estimated 37,000 Americans stand to lose their jobs within the next six months, according to the American Wind Energy Association, if Congress does not extend the tax credit, which supports the generation of wind energy. A similar fate awaits other renewable energy sectors, including biomass and waste-to-energy, which have tax credits set to expire next year. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.