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Colorado delegation, minus Lamborn, presses on wind-tax credit

7:30 PM, Nov 18, 2012   |    comments
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The tax credit, which costs between $1 billion and $3 billion a year, helps support the wind-energy industry that fosters manufacturing facilities in 44 states and accounts for tens of thousands of jobs.

Sens. Mark Udall and Michael Bennet, along with a handful of other Republican and Democratic senators, have cleared the first hurdle in getting the extension passed through a Senate committee. It still needs approval from the full Senate and the House to pass. 

"This is my thing because there are a lot of jobs that are already in place with nice benefits packages that we're at risk of losing," Udall said, noting that he recently met a man in Pueblo who had been freshly laid off from Vestas. "These are people's lives. ... I'm going to keep fighting."

The tax credit has robust bipartisan support in the GOP-controlled House and the Democratic-controlled Senate, but it hasn't had much legislative success this year because it has been attached to less popular proposals or caught in the gridlock in Congress.

Read more of Allison Sherry's story in the Denver Post.



(Copyright 2012 The Denver Post)

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