Monday, January 26, 2009

Stimulating Green Energy Investesments: From U.S. Senate Subcommittee On Energy And Natural Resources

Press Release From: U.S. Senate Subcommittee on Energy and Natural Resources

Contact: David Marks - Phone: 202-224-8046


Stimulating Green Energy Investments

January 23rd, 2009
Chairman Bingaman, a senior member of the Senate Finance Committee, praised the inclusion in the Senate Finance Committee mark of a major energy provision that he proposed to the economic stimulus package – a manufacturers tax credit designed to help the renewables industries.....Click On Link Below for Complete Article

http://energy.senate.gov/public/index.cfm?FuseAction=PressReleases.Print&PressRelease_id=326a1485-441b-4531-94ef-9552d1374c52&SuppressLayouts=True&Party=0http://energy.senate.gov/public/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=7cf996

4 comments:

Uncle Walt said...

Fat lot of good this will do.

Sure. They get tax credits ... but I'll bet the actual amount of new "renewables" will be virtually zero. Nill. Nada. Zip.

Because the same enviroMENTALists who say we need "renewables" ... won't let us build them.

Because said "renewables" ... which the environMENTALists allegedly want to replace current means of producing energy, which are "bad for the environment" ... are (ironically) also "bad for the environment".

Patrick McGee said...

Well Walt, as far as Green Investment goes, what do you feel is the closest marketable Green Energy resource that would warrant investment to get it to immediate market and in mass use?

Uncle Walt said...

If the governor ... or any government, for that matter ... were SERIOUS about converting to "green energy" as much as possible -

There's a construction project in the MidEast. Two skyscrapers, with a couple skywalks between them. There's a windturbine on each skywalk.

Imagine - harnessing the power of the windsheer at the top of every skyscraper. Since gov't already has building codes, just add another one requiring wind turbines on all "new" construction above a certain height. (Though you'd still face lawsuits from environMENTALists over the danger of birds flying into the props.)

You could do the same with solar power.

And if some genius came up with micro-hydro turbines ... we could even harness the power of the water flowing off those buildings when it rains.

Patrick McGee said...

I am really impressed with potential of vertical axis wind generators, primarily because they are modular, extremely sensitive the slightest wind and don't rely on huge propellers on isolated hilltops.

Somewhere in last years posts here is a great video on thses things. Very impressive.