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  • Oklahoma Ends Wind Tax Subsidy

  • May 11, 2017

  • Oklahoma has realized that it can no longer afford its zero emissions tax credit, whose cost ballooned by more than a factor of 30 in just 4 years. The tax credit cost the state $3.7 million in 2010, but increased to $113 million in 2014. It was supposed to sunset by 2021, but it will now sunset this July 1.[i] Wind projects completed before the sunset date are eligible to claim the credit for up to 10 years. The tax credit stimulated the growth of the wind industry in Oklahoma; the state ranks...
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Oklahoma has realized that it can no longer afford its zero emissions tax credit, whose cost ballooned by more than a factor of 30 in just 4 years. The tax credit cost the state $3.7 million in 2010, but increased to $113 million in 2014. It was supposed to sunset by 2021, but it will now sunset this July 1.[i] Wind projects completed before the sunset date are eligible to claim the credit for up to 10 years. The tax credit stimulated the growth of the wind industry in Oklahoma; the state ranks... Read More
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