Donna asks…
why did republicans vote against tax credits for companies who produce solar and wind energies…?
but kept the ones for oil companies?
The Renewable Energy and Jobs Creation Act, titled H.R. 6049
Samm I just provided the act number, you can check it out
The Expert answers:
Hmmmmmmmmm
corruption?
Laura asks…
What does this mean? (from McCain’s Energy Plan)?
To develop these and other sources of renewable energy will require that we rationalize the current patchwork of temporary tax credits that provide commercial feasibility. John McCain believes in an even-handed system of tax credits that will remain in place until the market transforms sufficiently to the point where renewable energy no longer merits the taxpayers’ dollars.
The Expert answers:
What it means is that he wants to estabish a tax system rather than all the patches that are constantly being used. You have to have a known budget to determine how to attack new expenditures. Not just promising tax cuts for everyone. Know how much you have and make decisions and budget accordingly.
Lisa asks…
carbon credits?
where do i go or who do i contact to have a renewable energy project financed (is that the right word?) by carbon credits?
i am from the city of iloilo in the philippines, and there is an ongoing debate here now whether or not to put up a coal-fire power plant. however, my older bro talked to an engineer once who said there is actually a site in the foothills outside the city where a hydro-electric power plant may be erected. can a project like this avail of aid from carbon credits? if so, how do we go about it?
thanks in advance!
The Expert answers:
I can help you!
Feel free to contact me on my email.
Carbon credits can definitely be used. There are several types of and the hydro power plant can enjoy such a financing if it would not have been built without the help of the carbon finance.
Do you know how big the power plant is?
And what would be the capacity of the hydro power project? (or how much m3 water per hour, which water head (fall of the water between the two altitudes in meters)
Michael asks…
$16 Billion dollar question?
August 04, 2007: 08:43 PM EST
WASHINGTON—(Dow Jones)- The U.S. House of Representatives passed a $16- billion tax bill Saturday that would extend renewable energy tax credits and encourage energy efficiency, paying for itself by axing tax breaks to oil and gas companies.
Now that the oil companies are getting a new tax, how much of this tax will be passed on by the oil companies to consumers such as you and I? Can you afford this tax?
Is this tax a feel good measure by the democrats to say that “we are sticking it to big oil” and not really explaining how this tax will reduce the cost of gasoline to you and I?
Do Nancy Pelosi, John Murtha, and Harry Reid have plans for this money as pet projects in their own districts?
Perplexing questions I would like answer too.
The Expert answers:
In the blink of an eye, a $16 billion tax bill can be passed onto oil companies. How can anyone believe the government doesn’t have enough tax money to keep bridges and roads in good repair? The problem is, they don’t use the money for those things.
Richard asks…
What would you do in Pickens’ shoes?
T. Boone Pickens is in a bit of a pickle. He’s a staunch Republican and makes a lot of campaign contributions to conservative politicians. He even gave the maximum contribution to James Inhofe!
Yet congressional Republicans are the ones blocking the renewable energy tax credits which projects like Pickens’ wind plan need to succeed.
Joseph Romm suggests that Pickens should give campaign donations to the Democrats who support renewable energy projects.
http://climateprogress.org/2008/08/28/pickens-in-a-pickle-he-embraces-progressive-policies-but-not-progressive-politicians/#more-3657
If you were in Pickens’ shoes (and remember, that means you’re a staunch Republican), what would you do?
The Expert answers:
He’s rich enough he can buy both Democrats and Republicans. It’s not like the Republicans will stop taking his money and stop doing favors for him if he also buys Democrats.
“Money talks and bullshit walks” – Ozzie Meyers
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