House Passes Carbon Cap-and-Trade Bill

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Published at: www.businessweek.com

Momenturm for clean energy bills & renewable energy industry

June 30, 2009

Analysis by: GLG Expert Contributor

Historically, renewable or alternative energy-based companies have been heavily reliant on temporary tax incentives or subsidies, but investors and foreign companies have been hesitant to make a serious commitment to build new facilities and fund research and development in the U.S. without approved permanent policy measures that essentially drive the market to reaching specified standards for the conversion to clean energy power sources, including proper tax incentives to facilitate the transition.