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Credits to Spur Renewable Energy Sources Seen Set to End: Taxes

Tax credits for the production of wind power and other renewable energy sources face expiration at year’s end amid few signs Congress will decide to continue them, tax lobbyists and other analysts say.

Failure to extend the 16 tax credits could stymie the development of wind power and the other renewables by undercutting incentives to invest in them, Bloomberg BNA reported.