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Wed May 2, 2012
Barrasso worries about end of wind tax credit
Some in the wind energy industry have expressed concern that the wind production tax credit might expire at the end of the year.
U.S. Senator John Barrasso says he shares that concern and blames the on-again, off-again nature of such tax credits on the lack of a federal energy policy.
“There have been incentives one year and not another year,” Barrasso said. “You know, it’s not any way to have a long term energy plan. We need a long-term energy plan and find a way to use all of our resources in the way that you and I know, and the Wyoming people know, they ought to be used.”
Barrasso says the lack of federal energy policy keeps those interested in a particular energy source from fully investing in it. The wind production tax credit is set to expire at the end of the year.