Texas Wind Tax Credit
How the end of a major tax incentive may impact wind energy
The US has seen huge increases in wind farms and technologies since 1992, due to the Production Tax Credit incentive. With this renewable energy subsidy set to expire, does wind energy have a future?
"I didn't think [wind] would ever make me any money", says Hollis Farris - a Texan farmer set to earn hundreds of thousands of dollars per year thanks to the turbines being built on his land. In recent years, companies like Facebook have also invested heavily in wind energy as a way to mitigate their carbon emissions. But will this clean energy investment continue after 2020, once the valuable tax credit scheme ends?
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