Virginia Energy Policy Debate Heats Up

RICHMOND, Va. — The state of Virginia is becoming the center of an interesting debate about renewable energy and tax incentives. On one end of the spectrum, Governor Bob McDonnell has happily touted the award of an offshore wind technology demonstration grant to a Virginia utility company.

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Wind Tax Credit and New Energy Policies See Signs of Hope

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.

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