Good news: the economic recovery bill keeps on giving
It is common practice for the government to release bad news on a Friday, hoping that no one will notice. But today the Obama Administration announced good news: the award of $2.3 billion worth of tax credits for renewable energy manufacturers, including $350 million in awards that will be used to help finance at least 50 new wind energy manufacturing facilities.
The awards are another piece of the economic recovery package that was enacted soon after Obama took office, and that has played a significant role in keeping the wind industry moving forward despite the recession and credit crunch.
Today's announcement also is a reminder that, in addition to being an inexhaustible and non-polluting energy source, wind energy has the potential to create thousands of ...