Suniva Solar announced the establishment of a factory in the Atlanta area that could bring in 100 new jobs. Made possible by 50 million dollars of second round investing and the expectation of “$10 million in revenues this year and will be profitable next year with $100 million in sales.”
According to earth2tech.com, Georgia beat out several states, who were offering big incentives. I guess the fact that Suniva was founded at Georgia Tech’s Center of Excellence in Photovoltaics gave the state a bit of a home advantage.
Chemicallygreen.com expanded on the Lieberman Warner bill and gave some interesting points about why it might actually just be congress creating a tax hike in order to create projects in their home states. Initially, I hopped on the ‘Bush is missing the environmental boat again’ bandwagon but it will
“represent the largest tax increase in U.S. History.”
The country is pretty much on hold until a new President is inaugurated so this debate might be just a discussion to get a better sense for what our best options are.
June 7, 2008 at 7:36 pm
[...] Investments in Solar Grow a Georgia Factory; Approach Lieberman By greencollaramerica Suniva Solar announced the establishment of a factory in the Atlanta area that could bring in 100 new jobs. Made possible by 50 million dollars of second round investing and the expectation of “$10 million in revenues this year and will – Learn More >> [...]
June 18, 2008 at 9:23 pm
The Lieberman/Warner tax bill was stalled in the Senate by a Republican filibuster.
As stated above, this fight is not over and will start again after the presidential election.
So get ready for another round of Senate proposals to pass this bill or one similar.
If America is stupid enough to drink this Kool-Aid, then we deserve what get from the politicians we vote for. If Obama is elected, he favors a cap and trade policy that will only be a giant tax increase for the U.S. taxpayers.
America, where are you?????