Should the government give tax credits and subsidies to the wind power industry?
Wind energy was the source of about 9.2% of total U.S. electricity generation and about 46% of electricity generation from renewable energy in 2021. Wind turbines convert wind energy into electricity. President Biden’s 2021 $2.3 trillion infrastructure plan included a 10 year extension of wind and solar tax credits. Qualifying wind farms will receive tax benefits based on their output for a 10-year period. The credits, which can be shared with investment partners, reduce federal tax bills. Opponents to wind farms, including many environmental biologists argue that they are one of the…
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