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Tax break extension breathes new life into U.S. wind power

2013-01-03 02:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. wind industry is powering up once again after Congress extended a critical tax credit that wind companies say will save tens of thousands of domestic jobs and allow more clean energy projects to ramp up this year. About half of the sector's 75,000 jobs in the United States had been expected to disappear if the wind production tax credit had been allowed to expire at the end of last year, according to trade group the American Wind Energy Association. "There will be a lot of activity...

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