Showing posts with label Lehman Brothers. Show all posts
Showing posts with label Lehman Brothers. Show all posts

October 2, 2008

Wind energy for tax avoidance

"Before declaring itself bankrupt on 15 September, US investment bank Lehman Brothers was one of several major firms that invested in wind projects in exchange for the tax credit, which they used to reduce their federal tax bill."

--1 October 2008, Nature 455, 572-573

wind power, wind energy