10. "Tax Credit in Doubt, Wind Power Industry Is Withering"

http://www.nytimes.com/2012/09/21/business/energy-environment/as-a-tax-credit-wanes-jobs-vanish-in-wind-power-industry.html?ref=business&_r=moc.semityn.www

Diane Cardwell wrote an artile on September 20, 2012 on how tax is affecting the wind industry. A month ago, a maker for the components of wind turbines created something new. This new invention is a "camper sized box that can capture the enegry of slow winds." This can possibly allow new areas to wind power. However, Gamesa had to shut down causing 92 of their employees to lose their job. Gamesa is not the only place that is having problems. Many other wind sectors across the world have been struggling and a total of 1700 people have lost their jobs. The reason for this is because the electricity companies and cheap natural gas from Asia are taking over. China has been a key fact in this occurrence also. With all of this happening, the wind sectors also had to face a huge political problem in Washington D.C. On December 31, there will be an expiration on a federal tax that causes the wind company to become more competitive against the electricity company. A $1 billion tax break was used to help the wind sector last year, but this year will be different depending on who will be the next president. President Obama wants to continue the wind company while Mitt Romney does not. If the wind sector will have to shut down already 945 people will lose their jobs. These wind places across the world are struggling and continue to lay people off. Wind industry jobs range from $30,000 to $100,000 a year. Most of the Wind power industries are located outside of the United States. And the industries require a lot of money for the high tech machines they have.

This was an interesting article talking about the wind industry and the many problems they are facing today. Not many know how important this can be and how helpful it can be to all of us, especially when it comes to saving energy. Cardwell uses quotes from people of both sides of the debat; whether we should keep giving money to the wind industries or if we should shut them down since they can't manage to make money on their own for the machines they use.  This article ends with a quote saying "hopefully it will go back to the way things were. Losing his job at his age would be devastating to me."