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Homeowners and businesses who invest in renewable energy could get a tax break under plan - A Senate committee revived the stalled debate over renewable energy in Florida on Monday and moved forward with a bill to give $16 million a year in tax incentives to businesses and homeowners, beginning next year.

Somebody needs to stop and think a bit.  Tax credits encourage investment in green generation technologies that have not been developed to economic feasibility while discouraging construction of new, more efficient, lower polluting powerplants due to uncertain returns.  In the meantime, renewables require backup from fossil in order to maintain grid reliability and dampen oscillations in the output from these highly variable sources.  Therefore we end up with older, more polluting powerplants staying in service and running under partload conditions that compromise heat rate and emissions controls or we end up building simple cycle gas turbines for backup that waste fuel and emit more CO2 per MWh than most newer generation powerplants.

Also to be considered--when you give tax credits, someone has to replace those tax revenues or the governmental entity giving the tax credit needs to start cutting its spending--like that will ever happen.

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