Wind power: Keeping America's lunch money at home
"Will China eat our (renewable) lunch?," the title of a recent Forbes.com blog article by Julian Chang bluntly asks.
I'm pleased to report that for wind power, the answer is no -- If we do the smart thing and allow this industry to continue to grow.
Unfortunately, we could still make the mistake of giving our lunch away, and one of the simplest ways to do so would be for Congress to increase taxes on the rapidly expanding U.S. wind power industry by letting its key tax incentive, the Production Tax Credit (PTC), expire at the end of 2012.
Congressmen Dave Reichert (R-Wash.) and Earl Blumenauer (D-Ore.) have introduced H.R. 3307, the ...