"Amid a Political Calm, a Tax Break for the Wind Industry Advances"
"On Thursday, the wind industry convinced a key Senate committee that green can be good politics in red states as well as blue ones."
"The Senate Finance Committee voted to renew a tax credit for wind power that is set to expire at the end of this year, with several Republicans joining Democrats to support extending the credit for one more year at a cost of $3.3 billion.
The provision, which will apply to projects under construction by the end of 2013, was included in a $200 billion package of popular tax breaks that the committee passed on a bipartisan 19-5 vote. The bill is expected to go to the Senate floor when Congress returns from summer recess, although it is unclear if the House will take up similar legislation. "Source: NY Times, 08/03/2012