When the tax credit last expired in 2003, wind farms took a big hit. But in those days, the wind turbines were largely imported. Now, the domestic manufacturing industry is growing rapidly. And that changes the politics.
and Gamesa VP says,
As the technology improves, wind becomes cheaper. Rosenberg says his company only needs four more years of tax credits, and it will be ready to compete without further federal help.
Heritage Foundation wants them ended,
We're $15 trillion in debt," says Nick Loris at The Heritage Foundation. "We have a robust energy market. And electricity demand and the demand to transport our vehicles back and forth is always going to be there. And I think that profit motive is incentive enough.
We're in debt, yes. But it is not time to cut clean energy subsidies. We need to find more ways to scale these projects and roll out new ones. At the moment, subsidies for producers and consumers help this goal.