Help Improve the Coastal and Marine Ecological Classification Standard
The European offshore wind sector steadily grows while the U.S. sector is still getting off the ground. A group of legislators are trying to spur action by proposing the Offshore Wind Incentives for New Development Act. The act would extend the 30% investment tax credit for offshore wind through 2025. The current tax credit goes through 2019 but with wind projects often slow to start up and begin implementation, an extension would continue to encourage development.
Photo Credit: WindPowerEngineering.com