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US Wind Energy Surpasses 50GW, But Questions About the Future Remain
Wind energy in the United States is on the rise. The industry is now producing enough juice to power 13 million homes across the country. Last week, at the National Clean Energy Summit in Las Vegas, the American Wind Energy Association announced that the wind energy industry has surpassed 50GW, a major milestone that was achieved after another quarter of solid growth. But the wind industry still faces uncertainty as a major tax credit is due to expire at the end of the year.
The 50GW milestone of clean energy has the same effect of removing 14 million gas guzzling, carbon emitting cars off the road. The energy produced on wind farms and independent windmills produces the same energy that 11 nuclear power plants or 44 coal burning stations would, but with absolute green energy.
Thanks to a government incentive tax credit, called Production Tax Credit, wind farms have been popping up more and more, doubling in US since 2008. With the tax break, more companies are investing in the alternative energy source, with little to lose (other than dirty energy). But some are concerned with the fate of these incentive programs, especially given candidate Mitt Romney stated intention to cut the PTC incentive should he become elected.
With the milestone of wind power as an inspiration, supporters hope that Congress will take control and ensure that the wind power industry can thrive for future generations. “These truly are the best of times and could be the worst of times for American wind power,” AWEA chief executive Denise Bode told The Guardian.
Via The Guardian
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