Bumps in the Road

摘要

Although the wind power industry shows solid signs of growth, it also remains somewhat volatile. One reason is that the federal renewable energy production tax credit (PTC)-the primary financial policy for the wind industry since its inception in 1992-has been extended mostly in one-and two-year intervals, and even allowed to expire on occasion. "The market has been volatile over the past five to 10 years, due partly to the PTC tax subsidies' inconsistency," says Ken Adams, director of international marketing and sales for industrial products at Union Pacific Railroad.