Dive Summary:

• Since 1992, the Renewable Electricity Production Tax Credit (REPTC) has provided energy companies a tax credit for each kilowatt-hour of wind power produced; the REPTC is scheduled to expire at the end of this year.
• Wind power companies want Congress to make the subsidy permanent or at the very least extend it, while opponents argue that the wind power industry has yet to show any promise of providing affordable power despite decades of subsidies.
• Some analysts believe the wind power industry will collapse should the subsidy expire and the threat of such an occurrence could lead to premature layoffs in the industry’s workforce.

From the article:

Congress is considering letting production tax credit subsidies for wind power expire at the end of the year, triggering a fierce battle on Capitol Hill over subsidies for a power source that cannot provide competitively priced electricity. ...