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.
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.