Robert Bradley Jr.: Windpower Layoffs Making PTC Extension Increasingly Moot

“The spate of layoffs that wind industry advocates have warned about has accelerated in recent weeks, with workers losing their jobs in key wind states such as Iowa and Colorado in a trend expected to continue at least into next year.” – Nick Juliano, “Wind Layoffs Mostly Hitting Constituents of PTC Supporters,” Greenwire, August 29, 2012.

Energy reality continues to set in for the government-dependent energy sector, industrial windpower. Part of the reckoning is economic–the increased competitive gap between electricity generated from natural gas versus wind. But the bigger part is the looming expiration of the Production Tax Credit (PTC) for wind. Twenty years of such political favor has not been enough for a product that is intermittent (read: sub-industrial grade).

MasterResource

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2 responses to “Robert Bradley Jr.: Windpower Layoffs Making PTC Extension Increasingly Moot

  1. It’s time. Imagine if we had demanded government compensation for the entrepreneurs that manufactured and maintained phone booths. Or maybe the makers of Beta tapes. Or cassette tapes. There are hundreds of industries that fail every year. Do we still want horse and buggies on the road? Let it go–it doesn’t work and things that don’t work should be allowed to expire.

  2. As soon as we got electricity on the farm my dad relegated the old wind charger to the junk heap. It was only powerful enough to run a DC radio. That was in 1948 so it seems like we have gone backwards.

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