tax credits [RE-wrenches]

[Joel Davidson]

DITTO. I think PV is wonderful, but PV is so small fry. Last week Vodafone
raised $5 Billion in shares to help fund its $6.9 Billion acquisition of
British Telecom. $5 Billion in one week! It took the PV industry 40 years to
reach $1 Billion in annual revenues.

"Jeffrey Wolfe, Global Resources" wrote:

> In VT we've been researching the credits, and have found that any credit
> below about 50 - 60 % will not incentivize the industry. We hired an
> economist to extrapolate some data from Hawaii's experience (variable tax
> credits over 23 years) and came up with the probable system impacts based
> on a 60% credit.
>
> For those of you who say tax credits will kill the industry, I ask, What
> industry? We're like a bunch of women knitting sweaters at home! You can't
> kill something that is not alive. Some form of incentive is needed to match
> the buydowns on brown energy. all the different forms that I've seen have
> problems. Anywhere the Gov pours money, you'll find some pigs feeding.
>
> Do some really think we'd be better off today if the credits had never
> happened? There was an awful lot more R&D accomplished it seems, with the
> tax credits, than with the measily crumbs of R&D money the fed feeds a few
> selected firms that are best at finding where the pg trough is.
>
> So everyone who opposes tax credits, tell me how you want to build an
> industry. Make sure it's a method that might be possible. Anyone who
> suggests that we get rid of all the subsidies on other fuels will not be
> listened to.
>
> Jeff
>
> Jeffery D. Wolfe, P.E.
> Global Resource Options, LLP
> A Woman-Owned Vermont Limited Liability Partnership
> 4 Kibling Hill Road
> P.O. Box 51
> Strafford, VT 05072
> 802/765-4632
> 802/765-9983 (Fax)
> global at sover.net
> http://www.globalresourceoptions.com
>
> There exist some small tax credits in some states at present, which, in
> my opinion, have not bastardized the industry, or have increased sales
> for that matter. Smitty.
>
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