Policy Outlook 2012: Don’t Expect Much From Washington

Political turmoil has enveloped 2011, and it is expected to set the scene for the coming year. The late-August Solyndra bankruptcy news cast a dark mark on the Department of Energy (DOE) loan program, which is fueling an already fiery Washington D.C. climate. The heated political atmosphere has already affected a biofuels industry facing a $6 billion cut in tax breaks for ethanol producers. It also is poised to impact debates on the set-to-expire 1603 cash grant and the Production Tax Credit (PTC) for the wind, hydro, geothermal and biomass industries.

Policy Outlook 2012: Don’t Expect Much From Washington