Thursday, April 17, 2014

Future Uncertain for Wind Industry Tax Credits

Expired federal tax credits for the wind industry are in front of Congress again, but the political future for the long-standing subsidies is anything but safe, according to a new report.
Experts at Capital Alpha Partners, one of a burgeoning group of research firms that provides political intelligence for investors, wrote last week that the appetite on Capitol Hill for continuing the wind energy production tax credit (PTC) is declining.
In a report obtained by the Washington Free Beacon, Capital Alpha writes that a combination of flagging political will and changing market environments could signal the decline, and possibly the end, of the two-decades-old tax credit for the wind industry.

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