This is why the Vestas share price is tumbling

The US House of Representatives has drafted a tax reform which would retroactively change the conditions for wind development and lower the value of the US tax credit by USD 12.3 billion. However, the draft must first make its way through a wind-friendly Senate.
Photo: Vestas
Photo: Vestas

The wind market in the US has historically seemed to fit the description of a 'boom and bust' market.

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