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By admin, June 29, 2009 5:23 pm

Are Republicans in Congress more concerned with Hedge Fund Profits than developing alternatives to Oil?

Republicans also blocked debate on a measure to extend tax credits for wind, solar and other renewable energy sources. The bill failed on a 50-44 vote; GOP senators opposed the bill because it would have raised taxes on hedge-fund managers to pay for the tax credits.

hedge funds are also driving the prices up, as they hedge on commodities, like oil and others adding more volatility.

SOLAR ENERGY FCC TV 2008 – Woodsboro, Maryland – Standard Solar