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End Nears for Wind-Power Tax Credit; Northwest Projects Could Be in Jeopardy.
Knight Ridder/Tribune Business News, October, 2001
By Kevin Galvin, The Seattle Times Knight Ridder/Tribune Business News
Oct. 27--WASHINGTON--A tax credit designed to promote wind power expires this year and clean-energy advocates are concerned that Congress may not find a way to extend it before lawmakers end this difficult session.
Failure to extend the wind-power tax incentive would have direct implications in the Pacific Northwest, where improving technology has led to increased interest in turbines turned by the power of the zephyrs.
"There would be tremendous disruption in the market for this new technology," said Randall Swisher, executive director of the American Wind Energy Association.
The credit grants a 1.7 cent per kilowatt hour tax credit for new wind-power...
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