Wednesday, August 22, 2007

Oil, solar and electric

Ed, with oil prices so high, why is the government cutting back on tax credits for solar-powered equipment and electric cars? Doesn’t make sense.
Oiled out
The answer is contained in your question: government is involved. With oil company profits hovering around $10 BILLION per quarter just how much of that money do you think is seeping into the re-election accounts of politicians? Government is involved, so you can forget about finding alternatives to the cash cow.
— Ed. Note

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