Wind Tax Credits. 3 Reasons Wind Industry Requires it.
American Wind Energy Association released a new report supporting the need for tax credits to keep the industry from a sharp decline.
3 Reasons Why Wind Tax Credits are Necessary
- Electric Market isn’t competitive. Its unnaturally tilted toward cheap natural gas.
- An estimated and dramatic 70% to 90% drop off in new wind power installation projects will occur if there is no tax credit
- Smart energy policy requires a diverse energy policy, including wind.
- Coming full circle, a diverse energy policy, that is competitive requires wind tax credits.
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