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1,100 Wind Jobs Lost in One Month
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/24125[font face=Serif]09/28/2012 01:55 PM
[font size=5]1,100 Wind Jobs Lost in One Month[/font]
SustainableBusiness.com News
[font size=3] Job losses related to uncertainty over the wind production tax credit (PTC) are adding up quickly.
In the last month alone, wind companies around the US moved to lay off more than 1,130 workers - with Colorado, Florida and Iowa especially hard hit.
Every company says the expiration of the PTC at the end of December is the reason for the cuts, which are a result of dropping demand for product.
…
Overall, at least 37,000 wind jobs will be shed quickly if the wind credit expires, estimates the American Wind Energy Association (AWEA). Over the past five years, the PTC has inspired $20 billion in private investment and the creation of 75,000 jobs, they say.
…[/font][/font]
[font size=5]1,100 Wind Jobs Lost in One Month[/font]
SustainableBusiness.com News
[font size=3] Job losses related to uncertainty over the wind production tax credit (PTC) are adding up quickly.
In the last month alone, wind companies around the US moved to lay off more than 1,130 workers - with Colorado, Florida and Iowa especially hard hit.
Every company says the expiration of the PTC at the end of December is the reason for the cuts, which are a result of dropping demand for product.
…
Overall, at least 37,000 wind jobs will be shed quickly if the wind credit expires, estimates the American Wind Energy Association (AWEA). Over the past five years, the PTC has inspired $20 billion in private investment and the creation of 75,000 jobs, they say.
…[/font][/font]
