Dow Up 485 Pts Today, Solar and Wind All RED
Author: skibare30 Sep
Like I have been saying, without the production tax credits passing by the House, the Solar and wind groups are in deep investing troubles. Today PROVED my point to the degree I have never seen before with the DOW up 485 points and most solar and Wind Stocks and ETF’s all RED…………its going to get WORSE if Congress does not pass the production tax credits as part of this bailout/emergency solution. Without tax credit incentives, long term investments in Wind and Solar will not be made in the scale that needs to be made to eliminate green house gases.!
One Response for "Dow Up 485 Pts Today, Solar and Wind All RED"
You are right on the money with this post. There are thousands and thousands of jobs that are being lost and will be lost if this Congress does not act on the energy tax credits. Job of many high paying descriptions will be lost along with huge funding and building contracts. Wind and Solar is on the brink of folding and this would be a disaster due to the fact this industry will help turn this country around in many ways.
Somehow millions of Americans have to shake some sense into our Congress and let them know not to kill the bill that is front of them. The Senate passed it 84-2 and then it went to the House. What did they do? They added on all their pet projects and now it has to pass the Senate again. This will be the tenth time in front of these idiots!! Working together is NOT in their vocabulary.
Wake up America. Our representatives are killing us.
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