Senate oks extending energy tax credits

jpak

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Wed Sep-24-08 11:08 AM
Original message

Senate oks extending energy tax credits

http://www.reuters.com/article/politicsNews/idUSTRE48MBMX20080923

WASHINGTON (Reuters) - The U.S. Senate on Tuesday approved a package to extend $18 billion in tax credits for using renewable energy sources like wind, solar and geothermal and also provide incentives to cut energy consumption.

<snip>

The residential and business tax breaks for solar energy would be extended for eight years. The House of Representatives must still vote on continuing the renewable energy tax credits, and the White House said earlier on Tuesday it would support the measure.

<not much more>

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yy4me

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Wed Sep-24-08 11:55 AM
Response to Original message

1. Now, if I could find the money and get an OK from the town,

I'd put a windmill in my back yard, or maybe solar panels on my roof.

With things to tight everywhere, this package may help for the future but someone tell us how we will find the cash now to pay for the fuel deliveries.

Our delivery company used to give a discount if you paid within 24 hours, bet that's gone too.

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Barrett808

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Wed Sep-24-08 12:34 PM
Response to Original message

2. Does this include hybrid cars?

Because I bought a Prius this year -- and I love it!

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JohnWxy

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Wed Sep-24-08 05:26 PM
Response to Original message

3. Well, this is great news but I wonder WTF it's only for one F---ing year? It takes about a

Edited on Wed Sep-24-08 05:28 PM by JohnWxy

year to a year and a half to get a wind farm put in place.

Well, it's better than doing nothing and letting the tax credit die.

..gonna emial my senators about this.

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