“Unfortunately the [wind] industry has begun letting workers go up and down our American manufacturing supply chain…. Congress must [extend subsidies] now to give wind energy a stable business environment… to … save 37,000 American jobs by the first quarter of next year.” – Denise Bode (AWEA), Press Release, August 9, 2012
“He who lives by a legalized sword, will perish by a legalized sword.” – Ayn Rand, “The Moratorium on Brains II,” Ayn Rand Letter, 1971
The wind industry is imploding, and the American Wind Energy Association (AWEA) is providing the details. Suffice it to say that there will be no Jay Leno at the next AWEA confab.
With accumulating layoffs, extending the Production Tax Credit (PTC) is increasingly becoming too late. AWEA has been warming about 10,000 job losses by September 1, and now the number is 37,000 in the next seven or so months.
Wind companies are wising up to the fact that consumers don’t like their product. And who wants to bet their future on politicians with federal deficit reduction being the elephant in the room? If AWEA is to be believed, there will not be much of an industry to save in a matter of months.