Local

Iowa Wind Official Concerned About Extension Of Tax Credit

Iowa Wind Official Concerned About Extension Of Tax Credit

Wind energy industry officials are concerned the federal government has not moved forward with extending the Production Tax Credit for wind projects.  Iowa Wind Energy Association Executive Director Harold Prior says Senate Finance Chair Max Baucus did not include the PTA in his markup legislation. He says that’s a concern along with time running out and Congress weighed down by other matters like the farm bill.

Prior says he’s hoping a construction provision in the current Production Tax Credit will buy them time to lobby early next year for renewing the credit.

Prior says he’s also hearing rumblings about replacing the production tax credit with a limited partnership type of program used by the oil and gas industry. He says while that might work for smaller wind projects, larger ventures are not fans of it.

Recent Headlines

in National

U.S. officials: Military mulling more troops to Iraq

obama

Military planners are weighing the possibility of sending more troops to Iraq to provide additional security around Baghdad.

in National, World

Obama: Beheading ‘shocked the conscience’ of the world

isis

The beheading of James Foley was said to be in revenge for U.S. air strikes against the Iraqi insurgents.

in National

Attorney General visits racially-charged Ferguson, protests continue

ferguson

The prosecutor's office will begin presenting evidence to a grand jury investigating the Aug. 9 shooting death of Michael Brown.

in Agriculture

Farm Bureau Takes EPA To Court Over Privacy Releases

justice

The American Farm Bureau has taken EPA to court over their release of producer’s personal and private information.  AFBF argued…

in National

All hostages freed in overnight Chicago-area standoff

chicago

Two suspects have been arrested after holding eight people - including six children - hostage for nearly 24 hours.