US Senators Re-Introduce MLP Act to Level Playing Field for Renewable Energy “SAN FRANCISCO — JinkoSolar Holding Co. and First Solar Inc. were among solar companies that surged after four U.S. senators introduced legislation that would let renewable- energy projects qualify for a tax-advantaged corporate structure currently used by oil, natural gas and pipeline projects.” — Reneweable Energy World (Bloomberg) |
What about cutting the tax-advantage structure for the oil industries and putting ALL energy producing entities on the SAME playing field? Closing the loopholes in environmental regulations would be a good start. |
NYT • Sierra Club • Environmental Defense Fund • Catskill Citizens for Safe Energy |
Oil is being traded on the international market. Anyone who thinks that cheap oil and gas is going to selectively benefit Americans, or achieve “energy independence” has drunk deeply from Philip Howard’s cup of hemlock. |
Once the gas and oil wells have been depleted (three to five years?), what will that land be good for? Will it ever again be fit for farming or grazing? |
Waste water from fracking operations has been found to be contaminated with radioactive elements 300 times higher than federal limits for drinking water and exposure. |
If we were alerted that terrorists were intent on poisoning our drinking water or farmlands they would justifiably be met with lethal force. |
Why are the American people – and their elected representatives – allowing the poisoning of their water and their land? |
The deployment and increased development of solar systems on every roof top in America is our current best way to go. At least until LENR or another technology arrives which disrupts the current coal-oil paradigm. |
Once a topic of science fiction, fantasy, and failed dreams, near infinite sources of energy may be near: |
Something needs to change for the better and change before we are paying more for a drink of water than we are for a gallon of gasoline. But this is another chapter in the same story and I will leave this for another series of posts. Peter Terezakis |
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