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

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

"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."