Tax Credit in Doubt, Wind Power Industry Is Withering

Locutus

Adorable Deplorable
Jun 18, 2007
32,230
47
48
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SDA: always ahead of the curve...
...cutbacks are happening throughout the American wind sector, which includes hundreds of manufacturers, from multinationals that make giant windmills to smaller local manufacturers that supply specialty steel or bolts. In recent months, companies have announced almost 1,700 layoffs. At its peak in 2008 and 2009, the industry employed about 85,000 people, according to the American Wind Energy Association, the industry’s principal trade group.

About 10,000 of those jobs have disappeared since, according to the association, as wind companies have been buffeted by weak demand for electricity, stiff competition from cheap natural gas and cheaper options from Asian competitors. Chinese manufacturers, who can often underprice goods because of generous state subsidies, have moved into the American market and have become an issue in the larger trade tensions between the two countries. In July, the United States Commerce Department imposed tariffs on steel turbine towers from China after finding that manufacturers had been selling them for less than the cost of production.

And now, on top of the business challenges, the industry is facing a big political problem in Washington: the Dec. 31 expiration of a federal tax credit that makes wind power more competitive with other sources of electricity.
Think of the money Saskatchewan residents could save if only there was some way to transmit news of this and other wind failures to our own provincial premier.


small dead animals: We Don't Need No Stinking Giant Fans


http://www.nytimes.com/2012/09/21/b...-jobs-vanish-in-wind-power-industry.html?_r=0
 

Bar Sinister

Executive Branch Member
Jan 17, 2010
8,252
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Edmonton
Wind power is withering? More wind generators have been constructed world wide in the last few years than at any time in history. I note that the article only deals with the US manufacture of wind generators and makes no mention of the fact that manufacturers in China, Japan, Germany, South Korea and so on are building more generators than ever before. There are currently hundreds of wind power projects underway world wide with the largest number actually being in the USA.

The largest wind power project in the world? - being built in Oregon. Google invests in the world

The next to be largest? - being built in Wyoming World’s Largest Wind Farm in Wyoming to Be Equipped with 1000 Wind Turbines - Governors' Wind Energy Coalition

So their entire business plan was based on taxpayer subsidies. Must be a spin off from the military -industrial complex.

How convenient of you to overlook the massive subsidies given to the oil, nuclear, and coal industries. In fact, there is little evidence of any electrical industry that has not enjoyed significant government subsides. But heaven forbid that a source of clean energy enjoy the same benefits.