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Wind Power Blows Along at "Breakneck Pace"
The U.S. wind energy industry continued new installations at a breakneck pace in the first quarter of 2008, even as the fate of a key federal incentive hangs in the balance, according to a new report from the American Wind Energy Association (AWEA). The wind industry put 1,400 megawatts (MW) approximately $3 billion worth of new generating capacity in place, AWEA) said in its recent quarterly market report. These new wind power plantsenough to serve the equivalent of 400,000 homes--coupled with investment in 17 new manufacturing facilities over the past year and a quarter show that with consistent policy support Americas wind industry can deliver the goods in terms of clean energy and new clean technology jobs, says AWEA Executive Director Randall Swisher. But if Congress does not act quickly, momentum could be derailed, says Swisher, who says that 76,000 jobs and more than $11.5 billion in investment could be put at risk. While 2008 is shaping up to be another great year, we could see a very different story in 2009 as uncertainty looms over investment in wind power projects and manufacturing due to continuing delay in extending the production tax credit (PTC), Swisher says.  But not off Cape Cod, heh heh heh ... That's Teddy on the left, and Mr. Windsurfer on the right Posted by: Bobby 2008-05-16 |
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