Alternative Energy Expiring

Companies won’t invest in U.S. alternative-energy generation because the incentive system (of subsidies) is unpredictable (federal subsidies for solar expire December 31, 2008).

Congress needs to renew them, and, for whatever reason, hasn’t pushed it through.  It’s been voted on 8 times this year, and has been defeated all 8 times.  John McCain missed all 8 votes, including one occasion when he stayed in his senate office instead of voting for this important piece of energy policy.  Barack Obama failed to vote on July 30th, the 8th and final vote on the subsidies.  Each candidate should be ashamed of themselves.

The only positive thing that the candidates share on energy is that they’re for offshore drilling, and that doesn’t really matter, considering Congress adjourned without passing a bill on the subject.

Congress has failed us, and so have Messrs. McCain and Obama.

Eight Strikes and You’re Out - NYT

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