NEWS
Wind Tax Credit Faces Deadline
Todd Neeley DTN Staff Reporter
Thu Nov 29, 2012 09:37 AM CST

OMAHA (DTN) -- A bipartisan group of federal lawmakers joined veterans who work in the wind industry Wednesday in calling on Congress to renew the tax credit.

Backers argue the 2.2-cent per-kilowatt Wind Production Tax Credit has sparked the development of an industry that employs tens of thousands of workers and has been a good investment for many U.S. farmers.

As we've seen in other renewable energy industries, when key federal tax credits near expiration, companies that invested in biofuels tend to draw back on investments, cut back production and lay off employees. The same business contraction is under way ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Washington Insider -- Tuesday
RFS Deadline Nears
Ag Policy Blog
Washington Insider -- Monday
No Senate Biotech Bill Until Fall
Two COOL Bills Introduced in Senate
Washington Insider -- Friday
Under the Agridome
Washington Insider
Critics Pound RFS in House Hearing