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Wind Tax Credit Debate Simmers Amid Ongoing ‘Fiscal Cliff’ Talks

Dec 20, 2012
(Midwest Energy News)

The ongoing war of words over the “fiscal cliff” that intensified this week left unanswered one of the most important questions for energy watchers: What will happen to a suite of expired or expiring tax credits?

The debate over those incentives, including the wind production tax credit and subsidies to promote energy efficiency and alternative fuels, has largely simmered on the back burner amid the broader debate over across-the-board tax hikes and spending cuts scheduled to take effect in January. That is still the case, although observers continue to believe they have a good chance of being included in a year-end cliff package, if there is one.