• Wal-Mart and others fit solar panels on rooftops

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    Don’t think that the biggies of the retail business are going eco-conscious for no reason at all. There always is an ulterior motive as far as they are concerned. Recently giants like Wal-Mart Stores, Kohl’s, Safeway and Whole Foods Market have fitted their roofs with solar panels to generate electricity on a large scale. They need to complete all the installations before the Dec. 31 deadline to take tax advantages for these projects. The trade analysts state that these projects could produce enough power to help reduce total electricity demand and depending on the location and weather, the solar panels generate 10 to 40 percent of the power a store needs. Whatever the motive, I vote in the favor of such tax benefits if they result in such eco-friendly endeavors.


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    Posted in Topics:Alternative Energy, Tags: , on August 11, 2008