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Utilities Rush to Complete Turbines as Wind Energy Tax Incentive Expires at Midnight

December 31st, 2012

green design, eco design, sustainable design, wind energy, new wind turbine construction, federal tax credit wind power, renewable energyWind turbine photo from Shutterstock

United States energy companies are clamoring to install last minute wind turbines before the federal tax credit incentive expires at the stroke of midnight tonight. The government incentive subsidy awards roughly 2.2 cents for every kilowatt hour produced over the next ten years, and it has spurred the construction of new wind power plants across the states.

green design, eco design, sustainable design, wind energy, new wind turbine construction, federal tax credit wind power, renewable energy green design, eco design, sustainable design, wind energy, new wind turbine construction, federal tax credit wind power, renewable energy, green design, eco design, sustainable design, wind energy, new wind turbine construction, federal tax credit wind power, renewable energy,

green design, eco design, sustainable design, wind energy, new wind turbine construction, federal tax credit wind power, renewable energy,Image ©Wikimedia Commons

Thanks to the federal tax credit incentive, wind power has grown exponentially in 2012- from just 1.5 gigawatts of power across the country to an impressive 13.5 gigawatts by the end of this year. With 12 gigawatts of wind power sources installed this year, the renewable energy source skyrocketed past natural gas.

With the incentive, each large turbine is awarded around $1 million in government subsidy money over ten years. But the incentive is set to expires at midnight tonight, to the chagrin of renewable energy supporters. Without the subsidy, green energy enthusiasts fear that the rate of wind power construction will plummet next year, causing a rise in the use of traditional fossil fuels.

Although it is still unclear whether the incentive will be extended into 2012, The American Wind Energy Association is hopeful for a short extension to finish projects that are in the works. With that extension, the rise of wind power could be sustained in 2013, ensuring the rise of renewable energy for another year.

Via BBC

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Google releases Web site speedup software

October 11th, 2012
A two-year project in the search company's effort to make Web sites load faster is done with the release of the mod_pagespeed extension for the Apache Web site software. [Read more]



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The next Internet landgrab: dot-orgs

October 11th, 2012
The registry that runs the .org name extension is getting ready to auction its most valuable names -- one and two character names such as a.org or z.org [Read more]



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