Potential of clean energy is lost on lawmakers
| March 3, 2008 |  View for printing |
One would think that living in a region with some of the best renewable energy potential in the nation would encourage western lawmakers to start looking to the future. But a vote last week in the U.S. House of Representatives shows that many including Montana’s Rep. Denny Rehberg are still mired in that old coal and petroleum mind-set.
At issue on Wednesday was a vote on legislation to end $18 billion in tax breaks for the five largest oil companies and use the proceeds to extend tax incentives for wind, solar and other renewable sources of energy that otherwise will expire soon.
The cost of the legislation n which passed the House 236-182 n to oil companies would be $1.8 billion a year for 10 years. With oil prices soaring, ExxonMobil alone made $40.6 billion in profit last year.
By TOM KENWORTHY
Full Story: http://missoulian.com/articles/2008/ ... guest96.txt
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