Udall rallies for wind tax credit

U.S. Sen. Mark Udall plans to lead each morning’s session on the Senate floor with a speech urging lawmakers to pass the wind production tax credit, his office said Tuesday.

“Until Congress acts, businesses here and across the country will shed jobs and take our economy backward,” Udall said in a statement from his office.

Udall will explain to lawmakers how the credit affects each state and the consequences of not passing the tax credit.

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The credit, set to expire at the end of the year, has helped attract renewable energy companies to Colorado. Vestas, which operates facilities in Windsor, Brighton and Pueblo, has threatened to slash 1,600 U.S. manufacturing jobs if Congress does not renew the credit.

“While Congress refuses to act, China and other countries are stepping into the breach,” Udall said. “Failing to pass the wind production tax credit effectively exports jobs, investment and business opportunities overseas.”