House Democratic leaders are working to line up enough votes to get the energy bill passed, possibly as early as Friday. Renewable energy is being used more often in residential and commercial buildings. The more research into using renewable energy, the less expensive it will be, making it a more popular form of energy.
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With rising fuel prices, world recession and climate changes more and more people are realizing we no longer can ignore the problem at hand. On February 17, 2009 President Obama signed the American Recovery and Re-investment Act of 2009 into law. With a significant emphasis on renewable energy technology deployment and job expansion, the bill improved upon the 2008 tax credit, by removing “cost caps.” This change allows consumers and small businesses to take a 30% tax credit off the installed cost of a wind turbine. To a consumer or business purchasing a single 2.4KW residential wind turbine, it will double their credit. Additionally, businesses will also have the option of receiving their credit in the form of a cash grant. Global warming is a very serious and growing problem and most certainly will threaten the future of our children and grandchildren. We need to act and act now. We can’t turn of heads to this growing problem. When gas prices reach $4 we all started to think what could we do to reduce our dependence on oil. Know that gas prices have fallen we all forget and go back to our old habits. One day we won’t be able to go back and then what.
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