Leeco Steel LLC’s fortunes rose even during the Great Recession thanks to a single customer: the burgeoning U.S. wind-energy industry.
Wind-energy companies agreed to buy more parts from U.S. suppliers, and a labor union promised to join in lobbying Congress for a requirement to use more renewable energy.
Exelon Corp. left the U.S. Chamber of Commerce in 2009 over the group’s opposition to a climate- change bill, declaring the “carbon-based free lunch” was over.
A federal tax credit that benefits wind power projects is dead in Congress this year as Republicans seek a broader tax overhaul, Representative Charles Boustany said.
Siemens AG and Gamesa Corp. Tecnologica SA plan to export wind turbines from their U.S. factories as domestic demand stagnates before a renewable-energy tax credit expires in December.
A stripped-down wind-energy proposal backed by Maryland’s governor and gaining support in its legislature may be the first step in creating a network of offshore turbines and sub-sea cables spanning the U.S. Atlantic coast.