Wednesday, September 30, 2009

Obama's Sunny Stimulus Succeeds

Namaste Solar, a Colorado-based solar panel company that is experiencing a nice boost from the Obama administration's economic stimulus. This company is one alternative of energy businesses that received tax cuts and government stipends as is said by the stimulus package.
Thanks to these Namaste has been able to make solar paneling, an expensive thing for any family or business. The details of the stimulus are very complex, but essentially, tax cuts allow for the cost of going solar to compete with it's cheaper rival, natural gas.
The impact of the economic stimulus has not been determined, but Blake Jones, the head of Namaste, predicts that success in the field of alternative energy will be it's proudest achievement.