"Momentum Builds to Restore Wind Energy Tax Credit"

"WASHINGTON -- Last year, the U.S. wind energy industry chalked up a record number of projects and generating capacity under construction. By year end, private corporations invested billions of dollars, and new records for generation were set in many locations, according to the U.S. Wind Industry Annual Market Report Year Ending 2013, released Thursday by the American Wind Energy Association, AWEA.

But the year began slowly after Congress granted a last-minute extension of the federal Production Tax Credit for renewable energy on January 2, 2013.

The supply chain had slowed down during the months preceding the threatened tax credit expiration, explained Tom Kiernan, chief executive of AWEA, with its more than 1,300 business members."

Environment News Service had the story April 14, 2014.

SEE ALSO:

"A Brief History of Big Tax Breaks for Oil Companies" (Mother Jones)

"Triumph of the Drill" (Mother Jones)

"The Tax Breaks That Are Killing the Planet" (The Nation)

"Parnell Administration Wants To Bail Out Ailing Refineries With Tax Breaks" (Anchorage Daily News)

"Billionaire Oilman Harold Hamm: Eliminating Tax Breaks For Oil Companies Would Reduce Bakken Activity 30%" (Forbes)

"Big Oil Spends Millions Lobbying For Its Subsidies" (CleanTechnica)

Source: ENS, 04/16/2014