Great Summary Of The Green Goodness Of The Bailout

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In this post, the ecopreneur details the silver lining of the hurricane cloud that is the bailout bill.

No news was bigger than the $18 billion package for renewable energy that was slipped into the $700 billion Wall Street financial bailout (H.R. 1424, the Emergency Economic Stabilization Act of 2008)

In particular, the future of a number of large projects was contingent on the renewal of the investment tax credit, such as the PG&E 550MW solar farm. Now, with the ITC safe for eight years, those projects can go ahead.

What are your feelings about the bailout and its effects on the solution to the climate crisis and energy security? Let me know your thoughts in the comments.

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