Showing posts with label solar. Show all posts
Showing posts with label solar. Show all posts

Thursday, June 19, 2008

Possible Snag for Wind & Solar Plays

Taken directly from tradethenews.com,

"
6/17/2008 02:50pm
US Senate vote blocks extending wind and solar energy tax breaks

- in a 52-44 procedural vote that blocked closure of debate on the bill, Republicans blocked the tax break extension for the second time this week. 60 votes are needed to end debate and move it toward a formal up or down vote."

Will be interesting to see how this plays out and how it might affect Wind & especially Solar stocks. Can they really survive without tax breaks and subsidies?