Posted by admin | Posted in Green Energy | Posted on 24-07-2010
Tags: energy, environment, government, green, renewable
Why have senate republicans blocked the ITC(investment tax credit) eight times in 2008?
The ITC is essential for development of alternative fuel and energy sources. These alternatives would lessen our dependence on foreign oil and help to make America energy independent.
here is your link Brian http://new.yahoo.com/s/csm/20080823/ts_csm/wp_6342
also the Clean Energy Tax Stimulus Act of 2008 introduced by Cantwell (D-Wash) and Ensign (R-Nev) was to be added into the 2008 Economic stimulus bill but was not due to mostly republican and some democratic backlash and also a veto threat by the Bush administration.
Brian, you know that’s not true. There are an equal numbers of Dems and Repukes in the Senate. The Repunks stop all good bills from passing or even being voted on.
McCain has consistently opposed tax credits for alternative energy R&D. He now says he champions them, but his energy program has no funding or tax credits for the ITC.
You can read about McCain’s anti-renewable energy program here:
http://www.factcheck.org/elections-2008/wind_power_puffery.html
Renewable energy tax credits