Christmas is a time for giving, so it goes, and the same can be said of the US' approach to subsidizing the domestic wind energy sector.
For the third time in one year, Congress has ratified an expansion of the Production Tax Credit (PTC) support scheme as a part of the economic stimulus package that passed Tuesday. Beyond USD 900 billion in Covid-19 economic aid, the bipartisan bill will now also channel USD 1.4 billion toward federal investments and tax cuts.
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