Baltimore City Public Schools Archives

Wind Tax Credit and New Energy Policies See Signs of Hope

December 19, 2012 1280 Views Baltimore City Public Schools, Eastern U.S., International Window Film Association, Robert Arneson, Wayne Thiebaud

WASHINGTON — The fiscal cliff is dominating headlines right now and it affects the green building world just as much as any other industry, especially as the political showdown coincides with the expiration of the Wind Production Tax Credit. Republicans have been focusing on cutting tax credits as a means of raising revenue, which is scaring some people in the green building industry. It seems very likely that the credit will be renewed for 2013, as failing to pass a routine renewal would result in a very rapid and public loss of jobs in the wind turbine industry.

Articles

All Eyes on Wind Tax Credit as Fiscal Cliff Approaches

December 12, 2012December 12, 2012 1473 Views Baltimore City Public Schools, Michael Kinsley, school building, State Allocation Board

Every day we hear about the fiscal cliff and how it, or a deal to avoid it, might affect the national economy or individual pocket books. One of the main topics of discussion is the Republican Party’s proposal to increase revenue by eliminating some tax credits and incentives. Most of the talk focuses on how tax credits might affect charitable giving or the tax returns of individual citizens, but people in the wind turbine industry are beginning to make noise about the possibility of losing their Wind Production Tax Credit.