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To: alnitak
“But the PTC and tax incentives for other renewable energy sources are now in danger of lapsing at the end of this year—and at the worst moment for the U.S economy,” added Swisher. “The U.S. wind industry calls on Congress and the President to quickly extend the PTC—the only existing U.S. incentive for wind power—in order to sustain this remarkable growth along with the manufacturing jobs, fresh economic opportunities, and reduction of global warming pollution that it provides.”

At what point will this technology pay off and no longer need tax dollars to get it started and prop it up?

4 posted on 01/18/2008 5:29:43 AM PST by rhombus
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To: rhombus
At what point will this technology pay off and no longer need tax dollars to get it started and prop it up?

My guess would be that we'll never find out. Tax incentives are just another form of welfare, and once they start, they're nearly impossible to end.

14 posted on 01/18/2008 5:43:29 AM PST by meyer (Illegal Immigration - The profits are privatized, the costs are socialized.)
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To: rhombus

“At what point will this technology pay off and no longer need tax dollars to get it started and prop it up?”

Solar power as well as any power that can be generated by water is probably a good thing. It’s a resource that is forever.

When I living in South Dakota, students at the school of Mines & Tech created an engine that got over 100 miles per gallon. The newspapers heralded it as a major breakthrough.

A couple of weeks later the engine was gone and the students were not talking. The press didn’t say a thing.

The only way in our lifetimes will we see anything other then the combustion engine is when environmentalists and business sit down together to discuss how we can best do this. Where business can continue to make the profits they are used to and the environment gets cleaner.

Really, there is no incentive for business to do it with the mandated government regulations that prohibit businesses from investment in these energy sources.


18 posted on 01/18/2008 5:51:59 AM PST by EQAndyBuzz (Hunter Thompson in 08.)
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To: rhombus

Another claim : “injected 9 billion into the economy”.

No, it didn’t. You were subsidized by the taxpayer. You “injected” NOTHING into the economy.


29 posted on 01/18/2008 6:12:32 AM PST by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: rhombus

At what point will tax breaks and subsidies be equal for innovations within the oil business so that the pursuit of “alternative” energy stops getting in the way of the actual solutions in front of us?

How can we win the war by subsidizing boondoggles that are only a small part of the solution if that? How long can effectively spend hundreds of millions subsidizing boondoggles that only block the solutions?

Isn’t this the very definition of Washington subsidiaing and not solving the problem and yet we don’t hear a single candidate speaking of it.


46 posted on 01/18/2008 6:54:45 AM PST by AmericanVictory (Should we be more like them, or they like us?)
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To: rhombus
At what point will this technology pay off and no longer need tax dollars to get it started and prop it up?

And when will this new infrastructure of wind poser begin to need maintenance, which will decrease their profit margin?

51 posted on 01/18/2008 7:26:00 AM PST by Dr._Joseph_Warren
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To: rhombus

Right cause lord knows no tax dollars go into the coal or oil industry... Thanks for playing..


68 posted on 01/18/2008 10:15:23 AM PST by N3WBI3 (Ah, arrogance and stupidity all in the same package. How efficient of you. -- Londo Mollari)
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