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Politics : Politics of Energy

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To: Hawkmoon who wrote (4329)1/19/2009 7:10:41 PM
From: Road Walker  Read Replies (1) of 86356
 
As for windmills, if people were building them in order to capture tax credits, rather than creating a viable, it stands to reason that the artificially manufactured government inducement (tax credits) is no longer as attractive as before.

My energy rates just went up 20%+ to pay for a Florida nuke plant that won't go on line for at least 7 years.... assuming it gets built at all. A rate increase mandated by the government. That's not tax credits, that's 7 years of up front cash.

Please don't preach about the 'free market' purity of traditional energy plants. The electric utilities are as close as you can get to a pure government agency without being one.

Alt energy is David to the traditional energy Goliath (with all the lobbyists, vested interests, politicians in pocket, etc) that that implies. The last thing the utilities/government want is 'distributed energy production' that they don't control for profit... and that the politicians can't tax.

Wake up.
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