Yes, there are lots of things to be done in order to make the Federal government, and the country, more sustainable between now and 2013. But every once in a while it’s worth looking ahead to see what the future may bring; especially when a consensus has formed.
The consensus we’re reading about concerns the prospects of America’s wind energy industry. Developers are installing units and the nation’s wind capacity continues to increase, but it seems as though 2013 could be a watershed year. That’s because on Dec. 31, 2012 a Federal tax credit that has helped spur the wind industry’s growth will expire.
The 2013 date is no secret in the industry. Reuters published a story about the prospects of wind after 2013, and the individuals they interviewed were quite candid about the prospects for a slowdown.
Of course the tax credit could be extended and the potential slowdown avoided, at least temporarily. But, as many who were interviewed in the Reuters article point out, the real solution isn’t a tax credit extension. What they really seem to desire is a long-term energy plan so that they can avoid the uncertainty of trying to grow an industry with ‘will they or won’t they’ energy policy challenging their business decisions.