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Question 102·Hard·Cross-Text Connections

Text 1
An economic historian examining the rise of wind energy in the United States argues that the 1992 federal Production Tax Credit (PTC) was the tipping point for the fledgling industry. Before the credit, turbine manufacturers struggled to attract private capital, given the technology’s high upfront costs and uncertain payoffs. Within five years of the PTC’s introduction, national wind-generation capacity had quadrupled, a surge the historian attributes to the credit’s guaranteed price support per kilowatt-hour produced.

Text 2
Writing in a recent policy brief, an environmental analyst questions whether the PTC should be renewed in its current form. The analyst concedes that the credit was “indispensable during the 1990s, when wind turbines were prohibitively expensive,” but contends that costs have since fallen enough for many projects to be profitable without federal assistance. The brief recommends phasing out the subsidy gradually to avoid market shocks.

Based on the texts, both the historian in Text 1 and the analyst in Text 2 would most likely agree with which choice?