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Battle Over Wind Subsidy Leaves Industry Bruised

Jan 4, 2013
(National Journal)

The battle to get Congress to renew the wind-energy production tax credit before year’s end strained relationships among utilities, splintered support within the industry’s biggest trade group, and is setting up the industry—and its supporters in Congress—for a 2013 even more contentious than 2012.

Many utilities, environmental groups, and lawmakers from both parties are cheering the news that the production tax credit was extended by one year as part of the fiscal cliff deal. But the bruising fight over the last year doesn’t bode well for the sector as it must now agree on how to ramp down the tax subsidy that was first created 21 years ago.