Wind turbine maker Vestas is considering slashing hours for workers in Pueblo, not just workers in northern Colorado.
Sen. Mark Udall is joining other lawmakers pressing for an extension of the Wind Production Tax Credit.
Another 80 workers at the Vestas plant in Brighton are now out of a job. Vestas says those are part of the latest round of layoffs at its U.S. plants. Two-hundred Colorado workers have been let go so far this year and more are expected down the road.
Republicans are walking a fine line when it comes to wind energy in Colorado, and it’s playing out in congressional races in the debate over a tax credit that impacts hundreds of jobs.
Sen. Mark Udall is renewing his call to extend a wind-energy tax break following news of more layoffs at Vestas.
Vestas is laying off more Colorado workers, as uncertainty remains over whether a U.S. wind production tax credit will be extended.
President Barack Obama’s re-election campaign is airing a new radio ad in Colorado attacking Mitt Romney for opposing a tax cut for wind energy companies.
Colorado Sen. Mark Udall says President Barack Obama supports extending a tax break for wind energy that supporters say is vital to the state’s wind-turbine industry.
The world’s biggest maker of wind turbines in terms of revenue is reporting disappointing first-quarter revenue and earnings due to decreasing deliveries, high turbine costs and unexpected warranty provisions.
A battle is under way in Congress over renewing tax credits for wind energy production. Sen. Michael Bennet is among the Colorado leaders who are fighting to get the extension back on the table.