Friday, November 30, 2012

South Dakota Wind Headed For A Crash

Link here to The Dickinson Press.

Data points:
  • developers are expecting a crash
  • scrambling to finish projects by the end of the year
  • 2.2 cents / kwh tax credit; due to expire at end of year
The linked story has the statistics for South Dakota. The tax incentives, spokesmen say, are critical if the wind industry is to survive.
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2 comments:

  1. CRCNovember 30, 2012 at 10:39 AM

    This is making you look bad South Dakota. Doing the cry baby thing about the federal production tax credit for bird grinders and I'm sure there has been crying about ending the renewable fuel standards mandates and subdues for ethanol. Sounds like you are becoming too dependent on big nanny state federal government.

    It will be interesting to see how those South Dakota Republican elected politicians handle this.

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    Replies
    1. Bruce OksolNovember 30, 2012 at 10:52 AM

      I agree 100%. South Dakota used to be very self-reliant. Again, sad.

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