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Commentary: Provisions in tax bill threaten 60,000 U.S. wind jobs

Related Topics: Tax reform

As Congress moves towards final passage of tax-reform legislation, more than 100,000 Americans in the wind industry are urging senators and House members to keep their word and honor Congress’ commitment to wind workers and investors in the bipartisan 2015 Path Act. While older energies seek new subsidies, the wind industry took a bold step, agreeing to phase-out wind’s production tax credit (PTC) by 2020, on the promise of predictable terms for transition. In turn, investors committed $50 billion to projects supporting 60,000 jobs across rural America and all 50 states.