American Wind Energy Association News
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Installations of wind farms with less than 20 megawatts of capacity may rise to a record this year if lawmakers expand a federal tax credit.
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U.S. lawmakers said they may consider extending and then phasing out the main tax break for producing wind energy.
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Dan Houser, the chief financial officer of International Speedway Corp., knows his industry is a potential target for lawmakers scrubbing the tax code for narrow breaks they can eliminate.
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Small-government groups including the American Legislative Exchange Council, whose advocacy for Florida’s Stand-Your-Ground law and other measures have drawn calls to revoke its tax-exempt status, are taking aim at state mandates requiring renewable energy use.
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U.S. wind power capacity grew 31 percent in 2011, accounting for 35 percent of all new electricity generation capacity, the American Wind Energy Association said.
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The U.S. needs new methods to support clean-energy development as federal spending is set to plummet in six years to $11 billion from $44.3 billion in 2009, according to a report.
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The heads of trade groups draw on a common set of skills to succeed. Among them: a deep knowledge of Washington’s lawmaking process, access to the capital’s power players and the ability to charm and cajole in equal measures.
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Global investment in clean energy dropped to its lowest since the depths of the financial crisis three years ago as the U.S. and European nations cut support for wind and solar projects, Bloomberg New Energy Finance said.
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Clean-energy companies may benefit from a new political-action committee trying to bridge a policy divide that is playing out in ads featuring Solyndra LLC’s collapse and finger-pointing over high gasoline costs.
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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.
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