Wind Industry Declares War on Plain English in Effort to Expand Subsidies
Wind Production Tax Credit (PTC)
By Institute for Energy Research —— Bio and Archives--January 24, 2013
Global Warming-Energy-Environment | Comments | Back To Full Article
The wind industry received a belated Christmas present this year when Congress passed the American Taxpayer Relief Act of 2012 (née fiscal cliff deal). The fiscal cliff deal not only extended the wind Production Tax Credit (PTC) for another year, but expanded the credit to apply to more facilities. But that's not all. The wind industry now wants the IRS to torture the plain language of the Act to allow even more projects to qualify.
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