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Renewable Energy Industries Push for New Financing Options

Jan 31, 2013
(New York Times)

For years, green energy industries like wind and solar have been telling Congress that they cannot yet compete with fossil fuels without hefty tax breaks intended especially for them.

But with antipathy for renewable energy subsidies running high among many Republicans, the industries are bringing a new plea to Washington: allow wind and solar companies to qualify for some of the tax advantages that are used by the oil, gas and real estate industries to raise money from investors.