Wind- and solar-boosting folk are crossing their fingers that new Senate legislation will succeed in extending renewable-energy tax credits set to expire at the end of 2008. The Clean Energy Tax Stimulus Act is framed as an economic boon: "If both houses of Congress don't pass a bill and the president doesn't sign it into law soon, we will start to see as much as $20 billion of anticipated investment in 2008 delayed or cancelled and more than 100,000 jobs lost," warns cosponsor Maria Cantwell (D-Wash.). The bill has bipartisan support, in large part because, unlike previous failed legislation, it would not seek to fund clean-energy incentives by removing tax credits for oil companies.
Interest in Renewing Renewables Renewed
Boosts for renewable energy get another go-round in the Senate 3
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Delay And Deny Posted 8:55 am
05 Apr 2008
The recent breakthroughs in nuclear batteries make most of the other "renewables" completely irrelevant. A spending program entirely devoted to fission and direct conversion to electricity would far exceed the benefit from any other present "green" technology.
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Quinn Posted 8:29 am
06 Apr 2008
One thing though: "Popa-Simil agrees, saying it will be at least a decade before final designs of the radiation-to-electricity concept are built."
Unfortunately we don't have a decade to wait for a miracle technology. We need to utilize the available technology and get things going. There needs be investment and development in renewable energy. If these nuclear batteries do come out, great! But until then, lets put our efforts into something currently feasible.
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edarnold41 Posted 4:15 am
07 Apr 2008
Inquiring minds would like to know...
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