Energy Tax Breaks Proposed, Despite Waning Support
From NY Times
Assisted by technological innovation and years of subsidies, the cost of wind and solar power has fallen sharply – so much so that the two industries say that they can sometimes deliver cleaner electricity at prices competitive with power made from fossil fuels.
At the same time, wind and solar companies are telling Congress that they cannot be truly competitive and keep creating jobs without a few more years of government support.
Their efforts received a boost on Thursday from President Obama, who called for a package of tax credits for renewable power as part of a broader energy plan that he outlined while on a campaign swing through Nevada and Colorado.