Conservative Groups Urge Congress To Kill Wind Tax Credit

Law360, New York (November 5, 2013, 5:15 PM EST) -- A coalition of conservative and fossil fuel industry-backed groups on Monday urged Congress to let the federal renewable production tax credit expire at year's end, claiming it's a crutch for a U.S. wind power industry that simply cannot stand on its own.

Since it was first enacted in 1992, the PTC has been a boon to wind developers, which say it has helped the industry become commercially viable. However, the credit is set to expire at year's end after being extended for one year in January...
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