In conjunction with the stable tax policy, the wind industry could create and save 54,000 American jobs over the next four years, according to a recent study by Navigant, a global services firm that specializes in critical business risks and opportunities.

The report shows that if the Production Tax Credit for wind ends, industry jobs will be reduced by half, resulting in a loss of 37,000 American jobs as well as a one-third cut to American wind manufacturing jobs. Private investment in the wind industry is also expected to fall by nearly two-thirds, but extending the PTC could create 17,000 American jobs.

"American manufacturing jobs are coming back with tens of thousands of new jobs from wind power," says Denise Bode, CEO of the American Wind Energy Association. "But these jobs could vanish if Congress allows the Production Tax Credit to expire, in effect enacting a targeted tax increase and sending our jobs to foreign countries. Congress must act now to keep this American manufacturing success story going."