Denise Bode News
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Denise Bode, chief executive officer of the American Wind Energy Association, will quit Jan. 1, the day that tax credits for the industry are set to expire.
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President Barack Obama’s re-election will probably be followed by Congress extending a renewable- energy tax credit, according to the American Wind Energy Association.
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Natural gas producers such as Exxon Mobil Corp. spent millions of dollars this year trying to defeat Democrats, such as President Barack Obama. His re-election may end up being a boon for them.
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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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U.S. lawmakers said they may consider extending and then phasing out the main tax break for producing wind energy.
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Half the jobs in the U.S. wind-power industry, or about 37,000 positions, may be lost unless Congress extends a tax credit set to expire at the end of 2012, according to a study released by a trade group.
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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 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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Mitt Romney’s opposition to tax breaks for wind farms puts him at odds with conservative support for renewable energy in states such as Iowa and Texas that have built the largest wind industries with taxpayer help.
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U.S. wind power capacity grew 15 percent in 2010, reaching 2 percent of all the electricity generated in the nation, the American Wind Energy Association said.
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