The production tax credit is the reason for such results, it adds, noting that wind energy development has doubled in four years while production costs have fallen by 80 percent in 20 years.
FORBES: Wind Energy Generating A Lot of Mud
So he takes away the oil and coal subsidies but adds new ones for solar and wind.
FORBES: Obama Proposes Tax 'Deform'
Even less windy states can achieve similar results, Kelley adds, thanks to low-wind and community-scale turbines.
FORBES: U.S. Wind Industry Drifts South
Another perk for wind energy in the Southeast is its lack of thirst, Kelley adds.
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