Could Romney’s Scorn for Wind Power Hurt Him in the Heartland?
It’s a huge industry in states like Iowa, but Romney wants to cut federal support.
On Thursday, President Obama will visit TPI Composites, a wind manufacturer in Newton, Iowa (population, 15,254). There, he will reiterate his support for the Production Tax Credit (PTC), a federal support program that has helped drive wind’s rapid expansion in the U.S. The PTC is now in peril, as Congress appears unlikely to renew it when it expires at the end of this year. The loss of the PTC would put tens of thousands of current jobs — and almost 100,000 future jobs [PDF] — at risk.
Newton’s experience is incredibly illustrative, so let’s recount a little history.
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