Congress has power to prevent the US wind industry becoming new victim of boom and bust

The Vestas plant in Pueblo, Colorado

Enormous stoves and foundations of blast furnaces abandoned decades ago stand along the highway in Colorado’s “Steel City”, providing poignant reminders of earlier booms and busts.

A few kilometres down the road from Pueblo city, the huge white buildings of Vestas Towers America gleam amid an expanse of rangeland. Billed as the world’s largest wind-tower factory, the plant and three others that Vestas built in the state, starting in 2008, are prime examples of the wind industry’s American manufacturing success story.

But the future looks bleak for the 1,600 people working for the Danish turbine maker in Colorado. Congress did not address the federal production tax credit (PTC) for wind energy in a bill to extend Log in to read complete article.

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