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Governors' Wind Energy Coalition

November 8, 2012

Wind group optimistic about tax credit in lame duck

Nick Juliano, E&E reporter  •    •  Posted 2012-11-08 13:04:33

Victories by President Obama and congressional wind energy supporters from both parties have energized an industry fighting to keep a vital tax break from expiring at the end of the year. The American Wind Energy Association is feeling good about its chances of winning an extension of the production tax credit, which will expire Dec. 31 unless Congress acts. Continuing the credit has been AWEA’s top goal this year, and yesterday’s elections have the industry optimistic about its chances. [ read more … ]

Vestas cuts more jobs, looks to sell 20% stake

  •    •  Posted 2012-11-08 13:05:02

Danish wind turbine manufacturer Vestas Wind Systems A/S said it hopes to auction as much as 20 percent of a stake in the company, and it plans to cut its staff by 3,000 people over two years. Chief Financial Officer Dag Andresen said the company’s leaders hope an investor will help keep the company afloat amid decreasing turbine prices. [ read more … ]

Wins and losses in state clean energy, environment battles

Christa Marshall, E&E reporter  •    •  Posted 2012-11-08 13:05:27

Environmentalists scored a victory in the New Hampshire governor’s race last night but lost one of the biggest state energy fights of the year over a renewable ballot proposal in Michigan. Meanwhile, the governor’s race in Washington — which could determine the status of proposed Northwestern coal ports and renewable policies — remained too close to call as of press time. [ read more … ]

New leadership at DOE?

Emily Yehle, E&E reporter  •    •  Posted 2012-11-08 13:05:51

Energy policy observers agree that one Cabinet member is almost sure to leave: Energy Secretary Steven Chu. While commended for some advances — such as the agency’s Advanced Research Projects Agency-Energy — Chu has faced criticism on nearly everything in the Energy Department’s portfolio. [ read more … ]

Calif. approves billions for clean power, rejects limiting green energy lobby

Anne C. Mulkern and Debra Kahn, E&E reporters  •    •  Posted 2012-11-08 13:06:11

California voters Tuesday passed a ballot measure that would generate as much as $2.75 billion for clean energy projects and rejected one that would have hobbled a green power ally. With 81 percent of ballots counted, the Golden State by a vote of 60 to 40 percent approved Proposition 39, which changes how multi-state businesses are taxed. It is expected to generate $1.1 billion annually in new revenue, money for the general fund and green energy. [ read more … ]

‘Dirty energy’ money failed to sway American voters — poll

Phil Taylor, E&E reporter  •    •  Posted 2012-11-08 13:06:28

“This election was supposed to be about wealthy Big Oil-backed special interests spending unprecedented resources to wipe pro-environment candidates off the map,” said Gene Karpinski, president of the League of Conservation Voters. “But voters chose a different course.” [ read more … ]

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