Industry advocates host wind day at Oklahoma Capitol

Ponca City Now - April 12, 2016 11:21 am

OKLAHOMA CITY (AP) – Supporters of the wind industry in Oklahoma are hosting Wind Day at the state Capitol to promote their industry amid talks in the Legislature of scaling back a tax incentive offered by the state.

Sponsored by The Wind Coalition, Tuesday’s event will include developers, vendors and other supporters.

The group’s Executive Director, Jeff Clark, says the goal is to remind legislative leaders about their agreement to offer the tax credit for wind facilities through 2020.

As Oklahoma sought to diversify its economy about a decade ago, the Legislature offered generous tax incentives as part of an effort to lure the industry to the state.

Now that wind production tax credits are costing the state tens of millions of dollars each year, some lawmakers want to curb them.

 

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