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Our efforts failed… A new “scaled down” energy bill was passed through the senate last night and three of the most important items in the bill were taken out to appease oil funded republicans. Unfortunately our senators, democrats and republicans alike, failed our country and environment yet again by bowing to big oil and removing the most influential provisions and tax incentives this country has ever seen.
The tax incentives now set to expire in 2008 will end all federal tax credits on solar, wind and other alternative energy installations. No other tax incentive or provision has brought the solar industry closer to grid parody than this one and now it is gone. Grid parody is the point in which it will actually be cheaper to generate your own electricity on your roof than to buy from your local utility company. Now this idea is great for us, but bad for big business, (oil and coal) so of course, the lobbyist went to work on our republican senators and were apparently very affective at getting that tax break completely removed from the energy bill.
[url]http://www.neutralexistence.com/blog/2007/12/no-more-solar-wind-tax-breaks-thanks-to-congress/[url]
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