Renewable Energy is a Hot Commodity
A wise (albeit fictional and homicidal) man once said, “First you get the money, then you get the power.” But these days in Washington, if you’ve already got the power, they’ve got some money for you.
For years, the U.S. Treasury Department has offered tax credits to companies at the forefront of creating renewable energy sources. But now, as part of the American Recovery and Reinvestment Act (commonly known as the economic stimulus package), such companies–as judged by the Department of Energy–will be reimbursed through direct cash payments. Long story short: The alternative energy business is hotter–and more profitable–than ever, and a handful of companies are already ahead of the game. Read more:
