Stephen Lacey, Climate Progress
July 17, 2012
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6 Comments
Here's a chart that voters in the Midwest probably aren't going to like:
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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 and was republished with permission.
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July 18, 2012
If loss of US domestic jobs due to cuts in federal spending is your primary concern, then you should be more focused on the job losses due to defense cuts. The dollar amounts and related job losses due to recent US defense budget cuts is many times that of the renewable energy sector.
We in the renewable energy business need to work harder at improving RE tech such that it becomes truly cost competitive in the free market. Rather than whining and complaining about the loss of government handouts.