Given the implosion of the Evergreen Solar deal, one would think that targeted tax incentives aimed at specific niche industries would have to pass a pretty high bar at this point. But the Globe apparently thinks the policy remains sound, despite the Evergreen setback. Their reasoning? The Globe falls back on its mantra-like recitation of ‘clean energy’. Clean energy is important, but it doesn’t justify high risk investments and its not going to signficantly move the employment needle.
PS — In case, you were wondering — the Globe is also still sticking with its support of the film tax credit, despite now voluminous evidence of its poor returns and widespread leakage over state lines.
