The "production tax credit" extension passed by co
Post# of 1004
Posted On: 08/25/2013 6:49:02 PM
The "production tax credit" extension passed by congress earlier this year has raised projections for renewable energy capacity and generation significantly. According to the chart below, the tax credit extension has raised projections in the US wind energy sector some 34% by 2016.
http://www.eia.gov/todayinenergy/detail.cfm?id=11371
" EIA expects this extension could result in significant wind capacity additions over the next three years, leading to higher generation from wind."
The expansion and growth of renewable energy, whether it be wind, solar, gasification, etc., simply cannot go unnoticed. The transition to green has been a steady process, and with ever increasing prices for electricity in the US and the cost of going green coming down to economical prices, the trend lines are going to begin to shift. $BLDW would greatly benefit from the above mentioned tax credits in domestic sales. Increasing awareness, cost effectiveness, production, and consumption of green energy products only helps $BLDW's cause. Not to mention the international ties the strategic advisors at $BLDW have, Paul Getty being one.
Lots of positives here, and I'm very proud to be an investor here.
$IFTF$
http://www.eia.gov/todayinenergy/detail.cfm?id=11371
" EIA expects this extension could result in significant wind capacity additions over the next three years, leading to higher generation from wind."
The expansion and growth of renewable energy, whether it be wind, solar, gasification, etc., simply cannot go unnoticed. The transition to green has been a steady process, and with ever increasing prices for electricity in the US and the cost of going green coming down to economical prices, the trend lines are going to begin to shift. $BLDW would greatly benefit from the above mentioned tax credits in domestic sales. Increasing awareness, cost effectiveness, production, and consumption of green energy products only helps $BLDW's cause. Not to mention the international ties the strategic advisors at $BLDW have, Paul Getty being one.
Lots of positives here, and I'm very proud to be an investor here.
$IFTF$
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