A Half-Baked Tax Credit
The wind-power industry got a half-baked deal when Congress extended the production tax credit. The deal provides qualified wind-energy facilities with tax credits only if those facilities begin construction before the end of the year. The reality is that one year is not enough time to start most new projects.
Here's why: Utility grade projects don't appear overnight. Most projects must complete six steps before they can begin construction and qualify for the tax credit:...644 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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