In response to:

Cash Cow Offered by Lame Ducks

Derek85 Wrote: Nov 18, 2012 6:56 PM
Wind and solar power produce electricity at 2.5 to 5 times more expensive that the next most expensive conventional method. Once our electricity bill increases by 3 or 5 times people will be freezing to death and all our manufacturers will move to China.
anonymous Wrote: Nov 19, 2012 1:39 PM
The manufacturers moved to China some time ago. Don't you read? Solyndra failed due to undue competition from China. We don't manufacture any useful products in the USA.

One of the important agenda items for the lame duck session of the 112th Congress is the extension of the Production Tax Credit (PTC) for wind energy. The PTC is set to expire December 31 and Congress estimates that extending it for one year will cost about $12 billion. I’ve written on it repeatedly.

It has been expected that during the lame duck session, PTC supporters will try to tuck an extension of at least one year into a bigger tax-extender package filled with provisions the fiscally-conservative, small-government Republicans support, therefore pushing them to acquiesce and let the...