Extending or ending the US’s Production Tax Credit is a topic high in the minds of wind industry professionals with interests in the US, but how is it reported in US media? Interestingly, an increasing number of US newspapers support an extended PTC. . Here, we round-up some of the latest articles… In San Angelo,Texas … Continue reading US newspapers lobby Congress to support wind energy
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Will US wind energy splutter out if Mitt Romney cuts its subsidy?
Jacob Susman is frustrated again. Sitting in the bright green conference room of his company’s trendy industrial office, overshadowed by the Brooklyn Bridge, he’s a clean-cut poster child for the “green economy”: Since 2007, Susman’s OwnEnergy, which installs wind turbines, has grown to be one of the nation’s most prominent wind installers. But he’s plagued … Continue reading Will US wind energy splutter out if Mitt Romney cuts its subsidy?
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Congress should act on tax credit for wind energy
That tax credit of 2.2 cents per kilowatt-hour is set to expire at the end of the year unless Congress renews it. Few disagree that failing to extend it will cause great harm to the industry just as it is beginning to flourish. Much worthwhile legislation has been stalled in Congress for partisan reasons, but … Continue reading Congress should act on tax credit for wind energy
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Vestas cuts 800 North American jobs as wind turbines orders slow
Due to the U.S. market slowdown, largely the result of uncertainty surrounding the federal Production Tax Credit extension at the end of 2012, Vestas has reduced its workforce in the U.S and Canada by about 20 per cent in 2012. Although Vestas has added many jobs in service and construction to meet customer and market … Continue reading Vestas cuts 800 North American jobs as wind turbines orders slow
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Time and Congress run out on wind energy industry
The wind industry, which was booming while the rest of our economy was struggling, now is in danger of withering away. Who’s to blame? Congress. On Wednesday, more than 300 Americans at LM Wind Power’s manufacturing facility in Grand Forks lost their jobs. Last week, more than 600 workers in Siemens Energy’s wind division were … Continue reading Time and Congress run out on wind energy industry
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LM Wind Power to cut 345 jobs, blames lack of political support
The American Wind Energy Association said the layoffs are among thousands expected as a result of the Production Tax Credit’s expiration. In just over one month, wind power manufacturers in the U.S. have announced layoffs of more than 1,130 workers around the country. The layoffs come in states such as Colorado, Florida, and Iowa that … Continue reading LM Wind Power to cut 345 jobs, blames lack of political support
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Grover Norquist: Wind power supporter (?)
Anti-tax advocate and conservative strategist Grover Norquist has a way of capturing your attention, and he definitely got ours Tuesday, co-authoring a Politico op-ed titled “WH [White House] talks wind energy but won’t support it.” Huh? In a commentary column at Salon (“GOP anti-tax guru Grover Norquist is losing it”), Andrew Leonard breaks down Mr. … Continue reading Grover Norquist: Wind power supporter (?)
Continue readingExpiring PTC threaten wind energy industry jobs
In existence since 2008, the tax credit is aimed at helping startups in the wind energy industry to get on their feet, allowing them access to the funds that they need to be successful in the face of stiff competition from both other energy sources and undercutting by their Chinese counterparts. The concerns stem from … Continue reading Expiring PTC threaten wind energy industry jobs
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National Chamber Network Says Tax Incentive is Critical to Boosting American Wind Energy Jobs and Innovation
“As leaders of our local business communities, we’ve seen firsthand the economic development benefits of wind energy,” said Jim Heeter, President and CEO of the Greater Kansas City (MO) Chamber of Commerce. “From Iowa and Kansas to South Dakota, Indiana, Texas and Ohio, wind energy is helping us attract new clean energy companies and capital, … Continue reading National Chamber Network Says Tax Incentive is Critical to Boosting American Wind Energy Jobs and Innovation
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Business Leaders Urge Congress to Extend Wind Energy PTC
The PTC provides a tax credit of 2.2 cents per kilowatt-hour of renewable power generated and, if lawmakers fail to act, is set to expire in 2012. Originally signed into law by George H.W. Bush, the tax credit has helped to strengthen energy diversity, reduce reliance on fossil fuels and keep electricity costs low for … Continue reading Business Leaders Urge Congress to Extend Wind Energy PTC
Continue readingWind energy industry calls on Congress to avert more layoffs
Siemens Wind Power, a leading manufacturer of wind turbines, yesterday announced more than 1,000 layoffs, or approximately half their U.S. labor force. The move will cut half the workforce at the company’s turbine plant in Hutchinson, Kansas, and also lay off workers at plants in Iowa andFlorida. Layoffs continue to mount throughout the development and … Continue reading Wind energy industry calls on Congress to avert more layoffs
Continue readingPTC: Siemens to lay off 615 in Iowa, Kansas, Florida
Supporters of wind energy are predicting that what happens in Congress over the next several days could be crucial to the fate of the industry. A wind energy equipment manufacturer says it will lay off 615 workers in Iowa, Kansas and Florida in part because Congress has not renewed a tax credit for wind energy. … Continue reading PTC: Siemens to lay off 615 in Iowa, Kansas, Florida
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AWEA terminates Exelon membership over anti-PTC moves
Despite Exelon’s actions, Kelley is not worried about division among AWEA’s 2,000 member companies. In fact, he says other utilities and organizations, including the Edison Electric Institute, the association of electric shareholder-owned utilities, not only support wind but also the PTC’s extension. The American Wind Energy Association (AWEA) has removed Chicago-based Exelon Corp. from its … Continue reading AWEA terminates Exelon membership over anti-PTC moves
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Wind energy PTC builds industry, jobs, economy in Oregon
When the PTC has expired in the past, new installations dropped by more than 90 percent, and the wind industry is predicting as many as 37,000 lost jobs should the PTC be allowed to expire again. Layoffs are already happening because of the uncertainty around the PTC, and they are already affecting Oregon. An Oregonian … Continue reading Wind energy PTC builds industry, jobs, economy in Oregon
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Inquirer Editorial: Wind energy’s survival could depend on PTC
Gamesa has grown by leaps, building wind-power equipment and wind farms that generate 40 percent of the state’s wind power – all while relying on domestic suppliers for an increasingly large share of its components. But the planned cutbacks at Gamesa, reflecting similar layoffs at wind-energy firms across the country, stem from the uncertainty over … Continue reading Inquirer Editorial: Wind energy’s survival could depend on PTC
Continue readingUncertainty Reigns in Federal Incentives for Wind Energy Beyond 2012
The U.S. wind power industry is facing uncertain times. GE and Vestas both secured roughly 29% of U.S. wind energy market share (by capacity installed) in 2011, followed by Siemens (18%), Suzlon and Mitsubishi (both at 5%), Nordex and Clipper (both at 4%), REpower (3%), and Gamesa (2%). There has been a notable increase in … Continue reading Uncertainty Reigns in Federal Incentives for Wind Energy Beyond 2012
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Why Conservative Attacks On Wind Energy And Solar Power?
A vitally important tax credit to help build a wind energy industry in this country expires at the end of this year without Congressional action, and the old oil and coal industries — along with certain other countries — want to make sure it does expire. There has been a recent flurry of propaganda attacks … Continue reading Why Conservative Attacks On Wind Energy And Solar Power?
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What Are Mitt Romney’s Wind Power Plans?
Romney’s glaring omission of wind power and other renewables appears to be a product of politics, yet wind energy has garnered widespread bipartisan support. Among the congressional Republicans who have expressed strong support for the PTC are President George W. Bush, who is often credited with jump-starting Texas’ wind industry, and Sen. Chuck Grassley, R-Iowa, … Continue reading What Are Mitt Romney’s Wind Power Plans?
Continue readingBloomberg View: A Campaign Compromise on Wind Energy
Renewing the tax credit would add 54,000 jobs over the next four years, according to the American Wind Energy Association. Wind power has emerged as one of the most clear-cut issues of the American political season. President Barack Obama wants to renew the technology’s soon-to-expire federal production tax credit. Mitt Romney, his Republican opponent, wants … Continue reading Bloomberg View: A Campaign Compromise on Wind Energy
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Obama Banking On Wind Energy Message In Key Swing States
In Colorado and Iowa, two states considered up for grabs in the presidential race, a battle over alternative energy policy is playing a growing role in the debate between President Obama and Mitt Romney. Both states have important wind-energy sectors, and Obama’s campaign is rolling out new radio ads this week highlighting the president’s support … Continue reading Obama Banking On Wind Energy Message In Key Swing States
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