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Congress & Alternative Energy: Investment Ideas

Posted on August 05, 2008

Congress has left for August recess without extending renewable energy tax credits, which are set to expire at the end of 2008. Congress will meet for three more weeks this year, in September.The debate in the Senate, where Republicans blocked the latest attempt to extend the tax credits, is not about renewable energy. Everyone seems to be in favor of it. The argument is over how to fund it. The most recent plan, for a short term credit extension, was to levy more taxes on hedge funds and to delay certain tax breaks for multinational companies. Republicans did not like it. They also wanted to ...

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alternative energy , drilling , oil , renewable , short term , tax , taxes