The ONLY reasons I can see for them building any since they lose money is for international PR or because some law makers somewhere created little known special tax breaks for them to build them into law.
Outside of those two reasons, I couldn't tell you why they would consider it.
You thing GE is losing money selling windmills? Really?
"The ONLY reasons I can see for them building any since they lose money is for international PR or because some law makers somewhere created little known special tax breaks for them to build them into law.
Outside of those two reasons, I couldn't tell you why they would consider it."
I can tell you why. Its called clean air credits. Its a billion dollar market. For each unit of energy generated at some big coal plant, a fraction must be generated by some clean energy source to offset the pollution. This must be done regardless of cost or lack of profit. If the power companies don't meet their quotas, they get multi-million dollar fines. Some companies have been known to charge exhorbitant sums selling their credits to other companies who could not meet quota. You can thank the environmentalists and your congressmen for this.
As much as everyone complains about Bush, he deserves a whole lot of credit for not signing the Kyoto Treaty. It would have made this problem alot worse.
"The ONLY reasons I can see for them building any since they lose money is for international PR or because some law makers somewhere created little known special tax breaks for them to build them into law.
Outside of those two reasons, I couldn't tell you why they would consider it."
I can tell you why. Its called clean air credits. Its a billion dollar market. For each unit of energy generated at some big coal plant, a fraction must be generated by some clean energy source to offset the pollution. This must be done regardless of cost or lack of profit. If the power companies don't meet their quotas, they get multi-million dollar fines. Some companies have been known to charge exhorbitant sums selling their credits to other companies who could not meet quota. You can thank the environmentalists and your congressmen for this.
As much as everyone complains about Bush, he deserves a whole lot of credit for not signing the Kyoto Treaty. It would have made this problem alot worse.