Oklahoma pulling up red carpet offered to wind industry

 

February 11, 2018



OKLAHOMA CITY (AP) — As Oklahoma sought to diversify its oil-and-gas powered economy in the early 2000s, policymakers rolled out the red carpet for the burgeoning wind industry, offering generous state tax incentives and access to windy, inexpensive tracts of land.

The industry exploded from virtually nothing in 2002 to 7,495 megawatts of capacity last year, ranking it No. 2 nationally in installed wind capacity behind neighboring Texas to the south. More than 3,700 giant turbines now dot vast swathes of central and western Oklahoma's rural landscape.

But as the state's finances plunged into r...



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