Vestas blames US wind tax credit uncertainty for latest job cuts

BusinessGreen staff
clock

Company confirms it has slashed North American workforce by a fifth as a result of ongoing confusion over extension of wind farm tax breaks

The uncertainty surrounding the future of US tax breaks for wind energy projects has claimed further jobs after turbine manufacturer Vestas confirmed late last week that it has now cut its North American...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Taxation

This is the future climate hawks want to see

This is the future climate hawks want to see

The latest CCC report may paint a bleak picture but it also again highlights how a cleaner, healthier, and more prosperous economy can be built

James Murray
clock 30 June 2022 • 7 min read
Agriculture is the missing piece in the UK's net zero plans

Agriculture is the missing piece in the UK's net zero plans

Land management could make or break the UK's net zero transition, yet agriculture is one of the few major sectors without its own decarbonisation strategy, writes WWF's Jo Furtado

Jo Furtado, WWF
clock 30 June 2022 • 5 min read
The Mayor of London addresses London Climate Action Week | Credit: Mayor of London, Twitter

London Climate Action Week: Can the capital turbocharge the UK's net zero transition?

At the kick off event for London Climate Action Week, BusinessGreen spoke to Mayor of London Sadiq Khan and event founder Nick Mabey about how regions and cities can drive climate action despite a turbulent political backdrop

Cecilia Keating
clock 29 June 2022 • 9 min read