Wind industry performing their traditional pre-tax credit expiration scramble « Hot Air

Wind industry performing their traditional pre-tax credit expiration scramble « Hot Air: "Last year, Congress threw in the extension of the PTC as a last-minute inclusion to the fiscal-cliff deal, but with a slight twist on the credit’s usual provisions: Normally, a wind project would need to be in commercial operation by the time the provision expires in order to qualify for its lavish benefits, but as of the last extension, a wind project need only have begun construction in order to qualify. That means the wind industry has a little more cushion afforded to them, and they’re taking full advantage of it by getting a bunch of projects going just in the nick of time."

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