NewEnergyNews: SOLAR GETS ACTIVE

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  • Thursday, January 25, 2007

    SOLAR GETS ACTIVE

    Make 'em listen!

    Solar World: Solar Gets Political
    Leah Krauss, January 18, 2007 (UPI)

    - Energy industry lobbyists and political action committees, long familiar fixtures in the halls of the Capitol, will be joined in the 110th Congress by a new kid on the block…
    - Solar's first [Political Action Committee] registered with the Federal Election Commission in the spring of 2006 and made its first campaign contributions in the most recent election cycle…
    - The PAC made $10,500 in contributions to the campaigns of 19 House and Senate members, including 10 Democrats and nine Republicans…and raised a total of $21,000 by the end of 2006…
    - The solar PAC has an advisory committee that represents companies with different kinds of solar energy technology…the solar PAC advisors will spend time planning their moves for each election cycle.
    - The creation of the PAC "serves as notice that the (solar energy) industry is maturing as a political constituency and as a power player in Washington," [it’s spokesman] said…

    - Energy industry political pressure can be strong: Oil industry lobbying and contributions were instrumental in scoring a filibuster-proof amendment to the 2006 Senate budget resolution to allow for oil drilling in the Arctic National Wildlife Refuge…The watchdog group said that a collective called the Alliance for Energy and Economic Growth, a coalition of more than 1,200 energy producers, transporters and consumers, helped land the Alaskan drilling permit by posting "a Web site…
    - [Solar Energy Industry Association]'s goal of extending solar tax credits -- both in scope and in time limit -- certainly seems within reach if the solar industry can pull together a lobby like Big Oil's…

    - oil companies dwarf the solar industry when it comes to donation clout. However, most publicly traded solar energy companies recorded strong gains in 2005 and 2006…
    - Investment banking giant Merrill Lynch also recently announced that it would cover solar stocks -- another indicator the industry is becoming more powerful…
    - "The solar PAC will contend with more novel regulatory, technical and financial issues than other energy industry PACs," [an energy industry attorney recently predicted]…

    1 Comments:

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