Saturday, May 5, 2007

N.M. solar company seeks tax incentives

""The world is moving forward in this technology, and we have some room to make up," testified Chet Boortz, Advent's vice president of business development."

"Boortz said Germany and Japan are the countries with the fastest-growing use of solar power, because they put in place the biggest incentives to use photovoltaic cells."

"Bingaman told Boortz, 'I don't disagree the first step is to increase demand.'
But he added that, without some subsidies for investment and production in the United States, "we may wind up buying more and more (photovoltaic cells) from China," instead of adding jobs here."

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