Wednesday, July 23, 2008

Renewable Energy Tax Extenders

The tax incentives for many new fledgling companies in the alternative energy space are expiring at the end of this year. It is time that these extensions are put into law so that we continue to move away from using fossil fuels. We all need to urge our Congressional leader to move the Renewable Energy Tax Extenders forward. These are small but important steps that are needed to compete with BigOil

Monday, July 7, 2008

Modern Day Slaves Addicted to Oil

That is what we the people have become. Our solution to the energy crisis and addiction is to keep talking about it. If we do the end result will be drilling more holes and keeping us mainlined into the pure energy stuff. You know the fossil fuel stuff. It is like asking the drug pusher to help you get off your addiction. Sure I can help. How does $5.00 gas and $4.00 home heating oil sound?

The government says that alternative energy is too far away and why we need to keep the drilling piece front and center. Well that is simply not true. They say theses technologies are too expensive and we need to let the market decide who will be the winners and losers. That is also not true. The fact is the government has picked the winners and that is BigOil. The losers are alternative energy. The real underlying issue holding back alternatives and one that does not get reported in any meaningful way is that BigOil receives over $5.00 per gallon in hidden subsidies, incentives and tax schemes over the pump price. It is amazing that the talking heads representing the status quo are not fact checked by the media because these facts are readily available. These hidden incentives include depreciation allowances, master limited partnerships, pipelines built with taxpayer monies and then the talking heads say that alternative energy is too expensive. Come on, that is disingenuous. Where are the infrastructures built for alternatives? Where is parity within the tax code for alternative energy? Well there are none, only mere teasers to make it look good and to make you feel better about what we are doing as a nation.

Oh, one more point. Solar was making headway so they needed to be slowed down. So, Congress came up with a two year moratorium on building solar facilities on public land. Congress passes that, yet they can not even pass an extension for one year of mere teasers that alternative energies receive even when the public is crying and demanding change. Let us face reality. We are modern day slaves and the pharaohs are BigOil.