Dark Days for Green Energy - NY Times.
Two words - Credit Crunch.
Good Quote:
Much of the problem stems from the credit crisis that has left Wall Street banks reeling. Once, as many as 18 big banks and financial institutions were willing to help finance installation of wind turbines and solar arrays, taking advantage of generous federal tax incentives. But with the banks in so much trouble, that number has dropped to four, according to Keith Martin, a tax and project finance specialist with the law firm Chadbourne & Parke.
My thought is the US Government should offer insurance for alternate energy loans, as they do for student loans.
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