What Congress is planning to do now is attach oil drilling to the renewal of the tax credits that have been one of the major catalysts for the adoption of this technology. This will, of course, turn into a major battle in Congress and delay or prevent the renewal of the tax credits. This is being done on behalf of foreign oil interests who are starting to feel the heat from the rapid growth and adoption of renewables.
What Congressional leaders and corporate lobbyists are doing right… Continue
Posted on September 8, 2008 at 2:43pm — Comment