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Wind Tax Credit at Center of Presidential Election Spat

The scheduled expiration of a production tax credit for the wind industry has taken center stage in the energy policy debate between President Obama and Republican presidential candidate Mitt Romney.

The credit, which allows taxpayers to claim 2.2 cents for every kilowatt hour of wind energy produced by a utility-scale wind farm, is due to expire on Dec. 31, 2012, a prospect that is already causing layoffs in the wind industry, according to its advocates.

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Posted in: Wind Energy

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