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The Greening of the Rules
In addition to the green spending spree, other legislation has been passed recently that’s designed to help spur growth in the alternative energy
sector. This legislation includes an eight-year extension for production and investment tax credits for solar panels, a three-year extension for credits
for wind power projects, and new rules allowing utilities to receive them.Clearly, the zeitgeist in the Obama administration, Congress and, indeed, throughout most of the country is in favor of alternative solutions to
the nation’s dependence on foreign energy sources. Moreover, most American’s feel it’s a good idea to get our energy from clean sources, provided
that energy is cost efficient.
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