Thursday, June 25, 2009

[Classic government boondoggle in Obama's hometown]: Chasing the Sun
The abandoned industrial site on the far edge of Chicago's South Side is an unlikely location for a large solar power plant. For one thing, Chicago is not a very sunny city.
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But there is a big if in this scenario of urban transformation. It will happen only if Exelon receives the generous loan guarantees for renewable-energy projects promised in this year's federal stimulus bill--funds that in this case would cover 80 percent of the project's costs. Barely viable with the loan guarantees and a handful of other federal and state subsidies, the $60 million solar plant would not be possible without such government support.
Signal 94: Aussie Put Down
The Aussies are waltzing away from the the global warming scam in greater numbers than before.
[How to get other hardworking people to pay for 80% of your insane, costly attempt to improve the world's weather]: CleanTechnica
According to SolarPowerRocks! Louisiana has a state tax credit of 50% for solar roof installations, the most generous state subsidy for solar — Combined with the 30% Federal tax credit for solar that we all get now; (you knew about that, right?) so in Louisiana you can put a solar roof up, paying only 20% of the cost: (30% + 50% = 80% off).

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