HSBC
Global
Research
says
the
PTC
enjoys
bipartisan
support
ahead
of
the
expected
plunge
in
the
US
wind
market
from
11GW
this
year
to
3GW
in
2013,
which
it
dubs
the
“clean-tech
cliff”.
But
the
analysts
warn
that
the
PTC
–
the
key
federal
subsidy
for
US
wind
power
–
would
need
to
see
a
multi-year
extension
to
bolster
investor
confidence
in
the
sector,
along
with
a
federal
clean-energy
standard.
Obama’s
re-election
“essentially
protects
key
climate
policies
from
repeal,
particularly
the
regulation
of
carbon
dioxide
by
the
EPA
(Environmental
Protection
Agency)”,
notes
the…
