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STUDY: PTC EXPIRATION WOULD COST 37,000 JOBS

Monday, December 12, 2011 - 8:00AM

The American Wind Energy Association (AWEA) yesterday released “Impact of the Production Tax Credit on the U.S. Wind Market.” The study finds that an extension of the renewable energy production tax credit (PTC) for wind would create or preserve 54,000 jobs in the next four years. If the PTC expires, however, the report says the wind industry would lose 37,000 jobs in that time. Navigant Consulting, which conducted the study for AWEA, found that the PTC would support jobs throughout the country, and especially in Colorado, Texas, Iowa, Illinois, Pennsylvania, California, Oregon, North Dakota and Ohio.
 

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