Obama to discuss wind energy tax credits in Newton

Photo by TushyD, Flickr.

President Barack Obama will visit a wind turbine blade manufacturer in Newton, Iowa today to promote two wind energy tax credits that are set to expire at the end of 2012.

The president intends to warn Iowans that the loss of the Production Tax Credit and the Advanced Energy Manufacturing Credit will hurt Iowa’s economy.

“This isn’t guesswork,” said Heather Zichal, deputy assistant to the president for energy policy. “We know from the past that when these credits lapse, orders for wind turbines slow, installations drop and job losses occur.”

For more information on President Obama’s visit, read the full article at the Des Moines Register.