A newly released 5 year study on government grants, tax credits, loans, guarantees, and bailout assistance is reporting that Iberdrola the Spanish electric utility, who is primarily invested in wind power technologies all across the U.S., is the biggest pig at the government welfare trough, collecting $2.2 Billion. Most of these funds may have been paid by direct cash payments rather than tax credits, since the American Recovery and Reinvestment Act allows actual fund transfers in lieu of tax credits. Link here to read more.
1 comment:
View this post in relation to your previous post and you know Iberdrola will be pushing and shoving to get to New York's $160 million renewable piggy trough. I wonder if Moore has bought Galloo with the intention to sell to Iberdrola. This is like the old Dallas TV series.
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