December 15, 2012

Heh - a climate two-fer from The Hill

From The Hill - tax credits for wind:
Top wind industry lobbyist to resign
The wind industry�s top lobbyist is resigning, The Hill has learned.

Denise Bode, chief executive with the American Wind Energy Association (AWEA), will leave her post Jan. 1 after four years at the head of the organization. She will return to private practice as a tax attorney.

The announcement comes in the midst of arguably the industry�s largest political battle. It is fighting to extend a 2.2-cent-per-kilowatt-hour credit for wind power production, which is set to expire Dec. 31.

In a Friday interview with The Hill, Bode said that she is "not going anywhere" until the credit extension "gets done."

Asked whether it would get extended, she said, "Oh yeah. Of course it will be."

The industry says the credit extension is key for getting wind power costs competitive with other energy sources. Nixing it this year would threaten the industry�s long-term health, AWEA has said.
The Bozo is strong with this one. Tax Credits? These are our dollars that are being wasted. This is our money being used to subsidize a bad business model. Next up - again, from The Hill - a widdle bit of schadenfreude:
Report: Solar firms under investigation for stimulus swindle
The nation�s three most productive solar installation firms are under investigation for allegedly exaggerating business costs to get larger cash payments through a federal stimulus program.

The Treasury Department�s inspector general is asking SolarCity, SunRun and Sungevity to justify the more than $500 million in federal grants and tax credits they got for their work, according to The Washington Post.
Next time around, could we please elect some adults? A small request but we need to start turning this thing around... Posted by DaveH at December 15, 2012 10:45 PM
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