Tax credit for wind farms blown into "fiscal cliff" debate

WASHINGTON (Reuters) - Iowa Republican Senator Charles Grassley said he is hopeful Congress will renew a tax credit for wind energy but acknowledged that its fate depends on sweeping negotiations over tax and spending issues in coming weeks.

WASHINGTON (Reuters) - Iowa Republican Senator Charles Grassley said he is hopeful Congress will renew a tax credit for wind energy but acknowledged that its fate depends on sweeping negotiations over tax and spending issues in coming weeks.

Grassley, instigator of a 22-year-old production tax credit that has driven expansion of wind farms and related manufacturers, made his comments as governors from wind-producing states and companies involved in the industry pushed to keep the subsidy alive.

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