 | Report from 33d Intl. Geology Congress in Norway (By Charlie Hall) | The Oil Drum | Supply and Demand on a Full Planet - ASPO VI Speech by Nate Hagens |  |
319 comments on DrumBeat: August 26, 2008
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319 comments on DrumBeat: August 26, 2008
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GAIA Host Collective
RE: Wind, solar projects race to finish before tax credit expires
Could be that the politicians are waiting until near election time to renew the renewable credits so they can make the claim that they supported the credits. Even my local Repuglican Senator, Ms. Dole, has introduced a bill to extend them. However, her bill doesn't include paying for the tax credits with a windfall profits tax on oil. Thus, these credits would just continue to increase the deficit...
E. Swanson
I myself am rushing to finish my solar PV and solar hot water projects before the year's end so that I may reap the tax credits. I view it as a double-win for me, both getting a 30% discount on my solar panels via the tax credit and ALSO reducing the amount of money that the Federal government gets from me.