House Lawmakers Rally Behind Wind Energy Tax Credit

Law360, New York (September 12, 2012, 7:14 PM EDT) -- More than a dozen lawmakers urged their colleagues Wednesday to extend a popular federal incentive for wind energy development they say could preserve thousands of industry jobs, in what could be a final push to vote on the measure before the election.

In remarks on the House floor, the lawmakers called on Congress to pass legislation reauthorizing the production tax credit immediately, saying the move would help developers avoid layoffs and allow them to plan for future projects.

The credit, known as the PTC, offers 2.2...
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