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
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
FDA Backs Off Animal Feed Rule
The Market's Fine Print
Washington Insider -- Thursday
Ag Policy Blog
Washington Insider -- Wednesday
Tax Extenders Vote
Ag Policy Blog
Ag Policy Blog
Climate Work Ahead at USDA
Ethanol Campaign Ramps Up