Thursday, April 07, 2005

Solar Industry Hails U.S. Senator's Solar Bill

This is interesting, though I'm not sure I've got a handle on the concept or the ramifications. Apparently, TN Senator Lamar Alexander has introduced the Natural Gas Price Reduction Act, which "which includes a sustained, annually declining tax credit for solar deployment on homes and business, would dramatically expand domestic markets for solar." I'm assuming the relationship between solar power and natural gas is one of replacement -- if solar power is picking up some of the energy load, demand for natural gas lessens, which should bring the price down. My question is, then, why do we have to do this in the context of lowering natural gas prices? From

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