Quack Attack on Renewable Energy!
Well hot dog! It looks like those greedy bankers are putting a damper on renewable energy projects. Julian Torres and his gang at Scale Microgrids are quacking mad about the planned change in banking regulations that could make funding green energy projects nearly impossible. This is like trying to swim through molasses!
Riskier Than Launching Acme Rockets!
According to the proposed Basel III changes banks would need to hold more capital for renewable energy investments. This could lead to a 90% drop in tax equity investments in the sector. Talk about putting a hole in your money bin!
Jerome Powell to the Rescue!
Even Federal Reserve Chair Jerome Powell is flapping his wings over this one. He's aware of the concerns surrounding the impact on green energy and says some changes are needed. Looks like even he can't escape this flap!
Biden's Battle for Greener Pastures!
The Basel III changes clash with the Biden administration's push for cleaner energy sources. It's like Donald Duck facing off against Yosemite Sam – who's gonna come out on top in this wild west showdown?
A Quack of Hope!
With more than 200 comments on the proposed rule there's still hope for renewable energy projects. Let's hope the regulators listen to the outcry and make some changes. Time to rally the troops and show those bankers who's boss!
From Tax Credits to Duck Tales!
Dominic Lacy of Gallaudet University credits tax equity investments for their renewable energy overhaul. Without those credits they would have been up a creek without a paddle. Looks like they won't have to worry about the Beagle Boys any time soon!
motd
If only we could trade in those bankers for some helpful dwarfs! Maybe then we'd see some progress in green energy.
Phiafresh
This is a real-life David vs. Goliath story, and we all know how that usually ends. Time to sharpen our slingshots and take aim at these unfair regulations!