Odell pushes for wind tax credit renewal

FORT COLLINS — Odell Brewing Co. has joined a growing chorus of businesses urging Congress to renew the wind energy production tax credit, Environment Colorado said Monday.

Doug Odell, founder of Odell Brewing Co., will discuss the benefits of wind power at a news conference Wednesday. Staffers for the city of Fort Collins and U.S. Sen. Mark Udall also are expected to attend the event at Odell Brewing Co.

Environment Colorado, the conservation group organizing the event, plans to release a report that quantifies water-saving benefits of wind power for Colorado. The report is expected to highlight environmental benefits estimated through 2016 if wind development continues at a pace comparable to that in recent years.

That wind development, however, depends on a vote by Congress to extend the tax credit, Environment Colorado said.

The wind tax credit, which has fueled sales of companies such as Danish turbine maker Vestas, is set to expire at the end of the year if Congress takes no action.

Vestas, which operates manufacturing facilities in Brighton, Windsor and Pueblo, has cut its manufacturing workforce in Colorado from more than 1,700 to about 1,200 people.

In addition to Odell’s support for the wind tax credit, companies such as Sprint, Aspen Skiing Co., Johnson & Johnson, Starbucks and New Belgium Brewing have asked Congress to renew the credit.


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