Luther professor quoted in article about Iowa's expiring tax credit for renewable energy

Members of the Iowa Legislature have failed to renew the 2005 state tax credit for renewable energy projects.  "Midwest Energy News" has quoted Luther College professor Jim Martin Schramm as saying the tax credit has been valuable to Luther College.

The article (http://midwestenergynews.com/2017/05/04/end-of-state-tax-credit-expected-to-impact-iowa-clean-energy-growth/) says the tax credit for Luther's windturbine is almost $55,000 a year. 

"It's a shame the legislature did not extend the 476C tax credit," Martin Schramm is quoted as saying.

The lack of an extension also affects Luther College's solar energy projects.