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Why 'green investors' won't budge
http://money.cnn.com/ 2008/ 09/ 05/ news/ economy/ renew...
While politicians off all stripes are vying to be seen as saviors in the energy crisis, Congress isn't giving renewable energy investors the one thing they say would help the most - long-term tax credits.
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Renewable Energy's Biggest Wish
http://denversunsponge.blogspot.com/2008/09/renewable-energy...Renewable Energy's Biggest Wish Any politician that doesn't include tax credits for renewables in his or her energy proposal is not serious about steering this country towards a renewable energy path. They also aren't serious about weening us off of fossil fuels. I've talked about tax credits before here so you know where I stand (shorter version: take tax credits away from an established industry like oil and gas and give it to a burgeoning industry like clean tech). Without tax credits renewable energy will take a much longer time to permeate through our society via clean tech energy production, market stability, and job creation. Read yet another article here on why Congress needs to extend (for a longer period of time) the renewable energy tax credits for businesses and individuals. Posted by justin rickard
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Stories of Interest - Friday 5th September
http://www.depression2.tv/d2/node/190Stories of Interest - Friday 5th September Fri, 09/05/2008 - 13:07 — rich2010 Oil At 5 Month Low There's A Bull Market Somewhere? Renewable Energy's Biggest wish Afghanistan's War Has A New Battlefield 400 Protesters Arrested Near Convention Mexico Drug Plane Used For US ‘Rendition’ Flights: Report How The Republicans Win Bush Extends 9/11 National Emergency Yet Again Sorry, Whistleblowers, You're on Your Own Credit Crunch: The Sequel Komodo Dragon Disappearing From Natural Habitat Global Economy Woes Shake Markets Daily Stories of Interest
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What alt energy needs - from CNN
http://www.j-lp.com/blog/2008/09/what-alt-energy-needs-from-...CNN says that Alt Energy needs taxbreaks Long term tax breaks would be great. It could make things a lot easier for companies. And now, here's the heresy. No tax breaks at all would be more useful than the annual dance on tax breaks. Eliminating all tax breaks/corporate subsidies/etc. for everyone in the energy industry would be even better for renewables. Granted, it would hurt a lot to start paying $10/gal gas and seeing electric/heating bills go through the roof. But without any subsidies alternative energy looks a lot better than before. The writer makes it sound like alt energy is only viable with tax breaks. And given the un-even playing field, that might be true. There are companies that can survive these conditions, but not many. The problem now? It's already too late for many companies, even with an extensino of the tax credit, several companies have missed out on at least 1 quarter of sales/revenues as customers opted to wait out and see if there would be any credits available. And now you're probably crossing over into another budget cycle. Meaning another sales cycle. Understand this means 1 quarter of paying people, when there isn't much work. 1 quarter of paying for rent, utilities, and expenses. And it won't just start up again if the credits are renewed. Not many small companies can withstand that type of cash burn. Meaning not many of them will survive until the next stage.
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Renewable energy’s biggest wish
http://electrogeek.com/blog/2008/09/05/renewable-energys-big...While politicians off all stripes are vying to be seen as saviors in the energy crisis, Congress isn’t giving renewable energy investors the one thing they say would help the most - long-term tax credits. Full Story Via CNN.com
