A Half-Baked Tax Credit
The wind-power industry got a half-baked deal when Congress extended the production tax credit. The deal provides qualified wind-energy facilities with tax credits only if those facilities begin construction before the end of the year. The reality is that one year is not enough time to start most new projects.
Here's why: Utility grade projects don't appear overnight. Most projects must complete six steps before they can begin construction and qualify for the tax credit:...644 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.