Layoffs, failures test Colorado's "new energy economy"

Layoffs, failures test Colorado's "new energy economy"

October 22, 2012
Originally published in The Denver Post

"It's not just Colorado," said William Yeatman, an energy analyst with the Competitive Enterprise Institute, a Washington, D.C.-based free-market think tank.

"Renewable-energy manufacturing is taking a beating across the country, primarily due to the fact that federal subsidies have run their course," he said. "The 2009 stimulus has been spent, and the wind production-tax credit is set to expire in December. Without taxpayer handouts, these green industries simply cannot compete."