Wind Industry Faces Collapse With Tax Credit In Limbo

Law360, New York (June 4, 2012, 8:00 PM EDT) -- As the wind energy industry faces mounting job losses and project setbacks, the Obama administration and some lawmakers are rallying behind an extension of the production tax credit for wind power, but experts say Congress might not renew the program without a major political concession from the president. 

Meanwhile, uncertainty surrounding the fate of the production tax credit will continue to cause the wind energy industry to shed jobs and delay project work despite recent regulatory efforts aimed at boosting domestic development, according to experts....
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