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As Layoffs Mount, Governors Seek Support on Wind Tax Credit

With election season politics behind them, several governors are reapplying pressure on Congress to extend a tax credit whose looming expiration is stirring angst within the wind industry.

Along with negotiations on how to steer the nation away from an approaching fiscal cliff, Congress, which began its lame-duck session on Tuesday (November 13), will consider renewing the multi-billion dollar wind production tax credit. It’s one of many renewable energy incentives set to expire at year’s end.

The Governors Wind Energy Coalition, a bipartisan group of 23 state executives, is hoping to catch lawmakers’ attention, saying the issue is urgent.

By Jim Malewitz, Staff Writer

Full Story: http://www.pewstates.org/projects/stateline/headlines/as-layoffs-mount-governors-seek-support-on-wind-tax-credit-85899429992

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