Exact(7)
"Without an extension of current tax credits or adoption of new pro-renewables policy, wind power and other renewable energy sources will have a tough time competing with natural gas in the years ahead".
While it would be churlish to criticise ACE for what is an impossibly difficult process of decision-making, it would do well to take heed of the direction in which this particular policy wind is blowing.
Based on the current EU environmental policy, wind power industry has been growing fast in recent years.
Due to this policy, wind farm installations are expected to increase at least through 2008, at which time legislators will likely rework the policy, looking well into the future.
I am sure we will test the top end of that range if Bernanke ignores this morning's inflation data and panders to the most politicized monetary policy wind in U.S. economic history this afternoon.
A principled leader would do the right thing and use the opinion polls to help them figure out what needs to be explained to the people rather than what direction the policy wind should blow.
Similar(49)
Although Dr. Angell and Dr. Relman are slowly detaching themselves from academia (she retains a teaching appointment at Harvard Medical School, while he is now entirely home-based) both still juggle speaking and writing invitations and obsessively monitor the health policy winds.
The only way the U.S. could experience an "immaculate recovery" is if the policy winds change.
Without any shift in the direction of the political policy winds, the U.S. will find itself back in a 1970s-style roller-coaster economy in the decade ahead.
And since most homeowner insurance policies include wind coverage but not flood insurance, which needs to be bought separately, "if you were in an area that flooded, you are out of luck".
The Insurance Information Institute noted standard homeowners and business insurance policies cover wind damage and cars are covered if they comprehensive coverage.
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