Tax Credits For Renewable Energy Threatens U.S. Deficit?
April 17, 2008
Senate Energy and Natural Resources Committee Chairman, Jeff Bingaman, doubts the House will accept the extension of a tax credit for wind and solar-energy projects. The bill would give a company 30% of what it spend on solar equipment as a tax credit. Due to what is seen as possible damage to the U.S. deficit, the House is unlikely to pass the bill without “some corresponding offsets”.
A 7% surge in solar energy company stocks and options showed optimism for Bingaman and Senate Finance Committee Chairman, Max Baucus’s ability to negotiate a compromise measure offsetting the budget shortfall the bill will create. However, it seems the optimism was premature. Reportedly, talks have reached an “impasse”.
“A Simple Wisdom: Sharing is a wise tool for accumulating wealth.”
Introduction: Clear CO-OP
April 17, 2008
The challenge of this, both, honors and humbles us. “Honors us” because we are part of the solution. “Humbles us” through realizing we are only a part. We recognize that changing the globe will take a global effort.
This is why Clear Standards offers Clear CO-OP; a proposed partnership of our resources and your insight. The vision is a Green-centric business blog supplemented by your real world knowledge via a discussion forum. Think of it as “an interactive Green news exchange” where you share with international colleagues as we all go about changing the planet. The virtual “Give a penny. Take a penny.” of eco-strategy.
“Perhaps each of us can make it on our own. Question is: ‘Are we brave and wise enough not to?’”