All Eyes on Wind Tax Credit as Fiscal Cliff Approaches

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.

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Google Deletes Renewable Energy Initiative

MOUNTAIN VIEW, Calif. — Google Inc. unplugged its Renewable Energy Cheaper than Coal (RE<C) initiative, part of general cutbacks at the company.

The initiative, which was developed as an effort to drive down the cost of renewable energy, launched in 2007 through google.org, the company’s charitable arm. The initiative featured an RE<C engineering team focused on researching improvements to solar power.

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$250 Million for Renewable Energy Projects in N.Y.

ALBANY, NY — About $250 million is available in New York for renewable energy generation projects that reduce harmful greenhouse gas emissions and contribute to a clean-energy economy, announced the New York State Energy Research and Development Authority and the Public Service Commission.
 
The program is funded by the state’s Renewable Portfolio Standard and will be awarded competitively through a solicitation for electric generation projects using wind, hydroelectric, biomass or other clean-energy resources, according to a release from the state

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Wind Power

New Brunswick — Dorchester Penitentiary, a 466-inmate, medium-security facility in New Brunswick, Canada, is home to the first large-scale wind turbine erected by the Correctional Service of Canada and the largest installation on Canadian government property.

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