It's not every day an industry proposes ending its tax advantages. But that's what the wind industry is doing.
Signaling both the maturity of the wind industry and the challenging fiscal circumstances of the country,
the American Wind Energy Association endorses a 6-year phase out of the wind production tax credit.
Under AWEA's plan, the PTC would remain the same in 2013, then decline by 10% per year, until it reaches 60% of the current PTC in year 5 and 6, and then expire after year 6.
One wonders whether wind's example will be followed by every other energy industry. Actually, I don't wonder about that for more than a split second.