Tuesday, December 6, 2011

Wind Power Projects Die Without Tax Payer Support -- Nothing To Do With The Bakken

Bloomberg link here.
Construction of a $40 million plant in Cheyenne that would produce towers for wind turbines has been pushed back to next year.

Local and state economic development officials say there's no indication the project is dead but Worthington has not communicated any set date for starting construction.

They suspect uncertainty over extension of federal wind production tax credits may be a factor.
Well, duh.

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