Wednesday, May 27, 2009

With Billions at Stake, Trying to Expand the Meaning of ‘Renewable Energy’

The definition of renewable energy seems clear cut: The sun continues to shine, so solar energy is renewable. The wind continues to blow, so wind turbines churn out renewable power. But industries are now pushing to have a growing number of other technologies categorized as renewable — or at least as environmentally advantageous. They include nuclear power plants and the burning of garbage and even the waste from coal mines. The lure of the renewable label is understandable. Federal tax breaks for renewable energy have been reauthorized, and quotas for renewable energy production have been set in 28 states, accompanied by extensive new grants, loans and other economic advantages. And legislation is moving through both houses of Congress to establish national quotas for renewable energy sources, including the climate bill passed by the House Energy and Commerce Committee on Thursday. With billions of dollars at stake, legislators have been besieged by lobbyists eager to share in the wealth...NYTimes

Watch the hogs rush to the trough.

No comments: