Industry focuses on February for PTC extension

02/1/2012 | Wall Street Journal, The

Wind power advocates are concerned that time is running out for Congress to extend the renewable-energy Production Tax Credit, which is due to expire at the end of the year. A payroll tax cut extension package this month and the lame duck session after the November elections are the only two big chances for Congress to extend the PTC, they said. Previous delays in extending the PTC have led to sharp declines in wind projects, executives said.

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