Here’s a chart that voters in the Midwest probably aren’t going to like:
This graphic, put together by the wind industry, illustrates how an expiration of the production tax credit may impact employment in the U.S.
Notice the spike in activity before the drop-off. That’s due to the rush of development we’re seeing currently in the lead up to the lapse of the credit. But even if the credit is extended at the end of the year, it looks like 2013 will be a poor year for installations. Developers need a lead-time of about 18 months. So, many of them have put projects on hold without any clarity on if the credit will be extended. That’s why we’re already seeing manufacturers lay people off.
This article was originally published on Climate Progress. It has been reposted with full permission.
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Electrifying Industrial Heat for Steel, Cement, & More
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
