Jun 06

From an Op-Ed piece in a recent New Your Times story titled, “Dumb as We Wanna Be“:

“Congress has been bickering over whether and how to renew the investment tax credit to stimulate investment in solar energy and the production tax credit to encourage investment in wind energy. The bickering has been so poisonous that when Congress passed the 2007 energy bill last December, it failed to extend any stimulus for wind and solar energy production. Oil and gas kept all their credits, but those for wind and solar have been left to expire this December.”

Dumb, indeed. Our congresspeople are talking about windfall profit tax out of the left side of their mouths while voting for oil and gas credits from the right. As Seinfeld would say, “what’s up with that?”

Joe

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