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Solar, Wind Companies Predict Projects Will Slow If GOP Eliminates Grants

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:09 AM
Original message
Solar, Wind Companies Predict Projects Will Slow If GOP Eliminates Grants
http://www.bloomberg.com/news/2010-11-04/solar-wind-companies-predict-projects-will-slow-if-u-s-eliminates-grants.html

Solar, wind, geothermal and biomass power companies predict a slowdown in renewable-energy projects if Congress fails to extend a U.S. grant program during its post-election session.

The American Wind Energy Association, the Solar Energy Industries Association, the Biomass Power Association and the Geothermal Energy Association sent letters on Nov. 2 to lawmakers, pressing to extend the program that expires next month. The groups are acting before Republicans take control of the House next year after campaigning on a pledge to lower the federal deficit.

The industry organizations said the credits, which are part of the stimulus package, saved or created tens of thousands of U.S. jobs. White House officials said in an Oct. 25 memo that the grants had been “much more effective in promoting renewable energy” than a program to provide renewable projects with federal loan guarantees.

Letting the grants expire will lead to a “significant slowdown in the renewable-energy industries, resulting in the loss of jobs and further transfer of clean-energy leadership to other countries,” the groups wrote to congressional leaders.

<more>

GOP job killers

yup

:thumbsdown:
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jdlh8894 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:43 AM
Response to Original message
1. Just think of all the
coal miners,oil drillers,gas drillers,and truck drivers that get to keep their jobs.
:evilgrin:
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joshcryer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 07:58 PM
Response to Original message
2. No shit. Renewables are not currently competitive with fossil fuels.
I know it's a hard fact to accept but it's true.
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 08:22 PM
Response to Reply #2
3. Nuclear is failing because of cost, noncompetitive CO2 reductions and HUGE negative externalities.
Edited on Fri Nov-05-10 08:23 PM by kristopher
I know it is hard to accept but it's true. You should stop being so bitter and face the fact that renewable energy is the future.

It's a good thing; much better than nuclear.
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joshcryer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 08:30 PM
Response to Reply #3
4. Absolutely, CO2 is highly subsidized, so really nothing is competitive with it, including nuclear.
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 10:20 PM
Response to Original message
5. The pukes have figured it out
all they have to do is say no and the masses will love them for it. What a farce our press is and this is as clear of an incident as any could be to show that.
Not just this but on everything that has anything to do for anyone except big money interest. How fucking blind can all these stupid ass people be I ask.

I mean at some point no one will be able to buy shit, then what are the big money men gonna do, they love the money so well and all. Hell maybe a bunch of the sorry bastids will jump out of their 40 story offices windows.

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joshcryer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 10:34 PM
Response to Reply #5
6. This is what is amazing. Climate change in the US is still an important issue.
It's at least 60% supported in most polls. While it declined in the past it goes up and down, so it's amazing that the GOP actually makes a loser issue a winner issue. Amazing.
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