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Wind, Solar Tax Credits Likely Not In US Stimulus Deal

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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:53 AM
Original message
Wind, Solar Tax Credits Likely Not In US Stimulus Deal
Wind, Solar Tax Credits Likely Not In US Stimulus Deal -Aide
3 minutes ago - Dow Jones News
By Siobhan Hughes Of DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)--Wind and solar energy companies may have to wait longer for Congress to extend tax credits for the industry: an extension is likely to be left out of a U.S. economic stimulus package, according to a Democratic aide.
Congressional and Bush administration negotiators have reached a tentative deal on an economic stimulus package in an effort to fight off a recession, congressional aides said Thursday morning. Wind and solar power companies had been lobbying for the package to include an extension of tax credits that expire this year.
"Those are not likely to be included," a Democratic aide said.
Solar and wind companies have said that their business will slow this year without the certainty that Congress will extend the tax breaks.

-By Siobhan Hughes, Dow Jones Newswires; 202-862-6654; Siobhan.Hughes@dowjones.com
(John Godfrey contributed to this report)

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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:55 AM
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1. Well hell, why address long-term solutions when a feel-good quick fix...
can be had.

What, Me Worry?
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:56 AM
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2. I'm afraid we'll have to wait for another President before we see
tax credits for wind and solar. The current clown in chief would never do anything sensible like that.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:57 AM
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3. Why speak of long term benefits like rebuilding infra-structure than a quick fix into
voters pockets during an election year.

IT'S SHAMEFUL!
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