Dear Pickens Plan friends and members. Partisan politics and lobbyist efforts are slowing down the progress of Pickens Plan and Alternative energy. We need to stand united in our call for a comprehensive energy policy that includes the entire spectrum of alternative, renewable and clean energy sources as well as drilling for oil and natural gas wherever it’s available in our country.
READ ABOUT POLITICAL PARTISAN STALEMATE IN BUSINESS WEEK:
http://www.businessweek.com/magazine/content/08_37/b4099021658903.htm
THE OIL COMPANIES ARE LOBBYING TO KILL THIS BILL
Renewable Energy and Energy Conservation Tax Act of 2008
To amend the Internal Revenue Code of 1986 to provide tax incentives for the production of renewable energy and energy conservation.
http://www.opencongress.org/bill/110-h5351/show
Open Congress Summary:
This bill would repeal roughly $18 billion in manufacturing tax credits for oil and gas companies while extending and increasing tax credits for a wide range of renewable energy programs. It is expected to cause a contentious debate in the Senate, where its chances of being approved are uncertain.
The oil companies made record profits while gasoline prices were the highest ever, they don’t need our taxpayer money too.