Thursday, February 28, 2008

Heller votes against tax credits for renewable energy in Nevada

Congressman Dean Heller, (R-NV 2d District) voted against a House bill to extend tax credits for renewable energy industries. [Las Vegas Review-Journal]

"The bill, which passed 236-182, would give $8 billion in tax breaks through 2011 to companies that produce new electricity from natural sources like wind, geothermal, biomass and hydropower. A 30 percent credit for investments in solar products and fuel cell technology would be in place through 2016."

Sounds like a good move to me, considering record oil company profits and Governor Jim Gibbons' anxiety to build new coal power plants in Nevada. Nye County appears to me to be a ready-made locale for producing electricity from wind, geothermal, and solar sources.

the Review Journal reports, "Despite the House action, the bill faces long odds. Earlier bills were killed in the Senate by Republicans, who opposed giving tax breaks for renewables because their cost to the Treasury would be offset by taking away some tax breaks now enjoyed by oil and gas companies."

I don't know about you but I'm not at all offended by "taking away some tax breaks now enjoyed by oil and gas companies."

"The vote fell along party lines. While [Shelley] Berkley voted for the bill, Nevada Republican Reps. Dean Heller and Jon Porter voted against it as did all but 17 Republicans."

I suppose I just can't understand Republicans. I do understand their obsession with corporate profits, but why punish residents of the 2nd Congressional District, which includes Nye County?

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