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Wind energy production tax credit extended one year as part of fiscal cliff deal

Fiscal Cliff Deal Restores Wind Energy Tax Credit, at Least for a Year

All the political debate, industry lobbying, public relations campaigns and wind industry hand-wringing concerning extension of the federal wind energy production tax credit (PTC) appears at an end with Congress agreeing to extend wind energy tax credits for another year as part of a last-minute deal to avoid the U.S. going over the so-called “fiscal cliff.” Enacted and allowed to…

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The Latest Environmental News Headlines

Enviro News Wrap: Energy and Climate in Obama’s Second Term; Natural Gas – A Bridge Too Far; Flirting With a Carbon Tax, and more…

GlobalWarmingisReal contributor Anders Hellum-Alexander wraps-up and comments on the climate and environmental news headlines for the past week: What is Obama’s plan to push renewable energy forward? He did some great things in his first term, like opening up military land for development and giving money to the military to spend on renewable energy projects. But, he needs to introduce a new idea…

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House Passes Energy Bill on Contentious Party-Line Vote

The House of Representatives passed the Comprehensive American Energy Security and Consumer Protection Act (HR6899) Tuesday night on a mostly party-line vote of 236–189. The bill authorizes exploration and offshore drilling 50 miles off the Atlantic and Pacific coasts, lifting a moratorium in place since 1981. The bill also renews energy tax credits set to expire at the end of the year. Other provisions in the…

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