The latest TIME magazine tells us:
The short-term future of America’s green economy depends on the extension of a popular tax credit of up to 30% for wind, solar, geothermal and other renewable-energy projects. Obama’s stimulus package converted the credit into a cash grant that served the same purpose, supporting 1,179 solar installations and 211 wind projects with investments of over $16 billion since last February, reviving industries that stalled during the financial meltdown of 2008. It has bipartisan support, but unless Congress intervenes, it will vanish on Dec. 31.
In other words, the ?green economy? depends on government propping it up with money American taxpayers don?t have. This should surprise no one who has read this forum?s discussion of ?green economy issues here, here, and here.
