U.S. Government Messes with American Wind Industry

Wind Industry Profile of

A retroactive rule for wind investors in the House tax bill puts at risk rural communities and one of America’s fastest growing jobs

Yesterday over 200 companies in the American wind power supply chain delivered a letter to leaders of the tax reform effort in the U.S. House of Representatives asking them to keep their promise to over 100,000 American wind workers. The letter asks the House to amend H.R. 1 to honor a preexisting bipartisan agreement to phase out the wind energy Production Tax Credit (PTC) and Investment Tax Credit (ITC) from 2015 through 2019. The letter is copied to leaders of the Senate tax reform effort, who these wind businesses say are honoring the preexisting tax reform... ... More: Official Press Release AWEA

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USA, AWEA, wind energy, jobs, market, government