Obama Green Energy Tax Credits – enough to make a diff or just good PR?
Mr. Obama is considering $25B in tax credits for renewable energy. Doesn’t sound like so much after the $700B bailout, does it? Nonetheless, I hope this time they allow credits for recycled heat (waste heat) generation harnessing #1 renewable source in U.S. according to the Department of Energy (DOE). ElectraTherm has proven the technology is commercially viable and has units in action.
Congress should also tax credit duel fuel Compressed Natural Gas (CNG) conversions.
On another energy note, I’m happy to see Congress seeking again to block the importation of foreign nuclear waste into the U.S. We need nuclear until we can scale development of more renewables. But, we should take responsibility for our own waste.
We must do better at developing truly sustainable, renewable energy from wind, solar, geothermal, waste heat, biofuels, etc. But, we need a bridge to the future. Compressed Natural Gas (CNG) offers that as does limited nuclear. Though, from my public relations chair I’m not hopeful the 10 year PR battle to build a nuclear plant is survivable in the U.S.
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