Dive Summary:
- Obama’s open support comes immediately on the heels of Republican presidential nominee Mitt Romney announcing that his campaign would not support renewing the production tax for wind, something that would dramatically affect the renewable energy’s future.
- A recent Department of Energy report that says wind power in the U.S. is becoming cheaper, more efficient, and provides a boost to the manufacturing sector.
- The report did caution that wind power would is still in competition with natural gas and wholesale power prices, both of which are currently dropping in price.
From the article:
A funny thing happened on the way to Solyndra becoming the dominant clean energy issue of the 2012 presidential campaign: It got blown away.
The talk now is all about wind power. What a stunning turn of events. The Obama campaign ought to send a thank-you note to the Romney campaign, in appreciation for their ham-handed decision to come out against the production tax for wind -- in wind-friendly Iowa of all places. ...
