New bill proposes tax credit extension for offshore wind

Prominent US politicians propose several new bills to extend tax credit subsidy schemes for solar, onshore and offshore wind. The wind sector shows various degrees of support.
Photo: Michael Dwyer/Ritzau Scanpix
Photo: Michael Dwyer/Ritzau Scanpix

"Nothing is so permanent as a temporary government program." This sardonic quote from US free market-liberal economist Milton Friedman could be construed to have contemporary relevance concerning the question of renewable energy in the US. In any case, a long series of US politicians have proposed new legislation for extending subsidies for solar and wind power.

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