The U.S. wind turbine market could blow away without continuation of a politically...


The U.S. wind turbine market could blow away without continuation of a politically charged tax credit, a top official of Danish turbine maker Vestas (VWDRY.PK) tells FT, warning of 75%-95% shrinkage in the U.S. market for wind power if the tax credit for wind power is allowed to expire at the end of the year.
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Comments (7)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    So what he is really saying is that there is NO MARKET for wind power...go figure
    28 Sep 2012, 09:43 AM Reply Like
  • Neil459
    , contributor
    Comments (2636) | Send Message
     
    Lets stop throwing our hard earned tax revenue into the wind!!!!!

     

    We no longer have the money.
    28 Sep 2012, 09:48 AM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    Wind and Solar Subsides are the finest example of transparent crony capitalism that I've ever seen. They don't even try to hide it.

     

    But do not trouble yourself. Ben will print all the funny money that Big O needs to subsidize his energy bubbles.
    28 Sep 2012, 11:48 AM Reply Like
  • tomlos
    , contributor
    Comments (1299) | Send Message
     
    Another failure for big government. Unless it is subsidized, the industry is not relevant. France just put out a new tax plan, maybe some of that new money will go into the great technology of the future.... High speed rail, turbines, solar for all!
    28 Sep 2012, 09:49 AM Reply Like
  • GaltMachine
    , contributor
    Comments (2085) | Send Message
     
    This is symbolic of Obama economic policy: all hope and no substance.
    28 Sep 2012, 09:59 AM Reply Like
  • petten
    , contributor
    Comments (121) | Send Message
     
    Let it be blown away. It's a fantasy of politicians' that does not deserve to survive.
    28 Sep 2012, 11:06 AM Reply Like
  • lindsay lopez
    , contributor
    Comments (40) | Send Message
     
    It's hard to believe how much private money is invested in solar and wind given the energy experts' comments above.
    28 Sep 2012, 01:37 PM Reply Like
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