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Green Jobs Depend on Obama Win as Fiscal Cliff Looms

Nov 6, 2012
(Bloomberg Businessweek)

Jerry Limbeck and his son Andrew both got the bad news the same day in October, in the form of a folder with a color-coded sticker. It meant that after months of assembling turbines, they were losing their jobs in the Windsor, Colorado, factory of Vestas Wind Systems AS. (VWS)

The problem, according to the Aarhus, Denmark-based company, was that uncertainty about the extension of a U.S. tax credit had slowed orders. As a result, Vestas was cutting its manufacturing workforce in Colorado by 18 percent.

“They had to do something,” said Jerry Limbeck, 49. “I totally understand what the reasoning was behind it. I was real fortunate to even have that job to begin with. The way the economy was, it was a pretty decent job for being a nonskilled laborer like I am.”