1. RENEWABLE ENERGY
Romney calls for subsidy 'phase out'; campaign says position unchanged on PTC expiration
Appearing today in Iowa, which gets nearly a fifth of its electricity from wind, Republican presidential nominee Mitt Romney said he would "phase out" support for renewable and nuclear energy once those industries are mature. The line appeared to some as if Romney was signing on to an idea that is gaining currency within the wind industry -- and its supporters on Capitol Hill -- as it faces a looming expiration of the prized production tax credit at the end of this year: to gradually reduce the PTC over several years, rather than letting it lapse this year.