American Wind Power Grows (Especially in PA) but Policy Uncertainty Threatens the Industry and American Jobs
The American wind industry is growing rapidly, seeing a 50 percent jump in installations from just one year ago. Yet the uncertainty regarding extention of tax credits for the production of renewable energy (called production tax credits or PTCs) is threatening the future of the wind industry and more. The PTC policy is set to expire at the end of 2012 and could cause the loss of 37,000 (mostly American) jobs in the wind industry alone. Conversely, if extended, the PTC could help the wind industry grow to 100,000 (mostly American) jobs in the next four years. The PTC is a vital part of America's shift to clean, domestic, renewable energy sources, and without it, these energy sources cannot compete. If you believe in a clean, sustainable, secure energy future for America, please call your representatives and voice your support for the extension of the renewable energy production tax credit.
For more information about the growth of the American clean energy economy and the renewable energy production tax credit, see this press release by the American Wind Energy Association and this editorial in the NY Times.
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