Oklahoma ends wind power subsidy

The Hill: Oklahoma Gov. Mary Fallin (R) signed legislation Monday to end the state’s tax credit for wind power this year.

Wind farms that start producing energy after July 1 this year will not be able to claim the credit under the new law. The credit was originally set to expire in 2021.

In a statement, Fallin welcomed the growth in wind power that the credit brought on, but said the state’s tight budget necessitated rescinding it early.

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