Category:
Impact on Economy
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Stealing from the rich? State's 'Robin Hood' plan may take away school districts' wind energy tax increases
August 25, 2008 by Doug Myers in Abilene Reporter News
August 25, 2008 by Doug Myers in Abilene Reporter News
Wind turbines are generating more than electricity in Coke County. They're also producing significantly more tax dollars for the Robert Lee Independent School District.
And that's the problem. Under the state's "Robin Hood" school funding formula that takes from more affluent and gives to less affluent districts, Robert Lee ISD could end up benefiting little from the cash windfall. ...Under the present system, the state "recaptures" funds from property-wealthy districts and uses them to assist with financing public education in school districts deemed property poor.
Also filed under [
Tax Breaks & Subsidies|
Texas]
Wind Farm could cost Cheshire's tourism "millions
August 21, 2008 by Paul Mannion in Chester Chronicle
August 21, 2008 by Paul Mannion in Chester Chronicle
Giant wind generators planned in the centre of The Weaver Valley could cost the region's tourism trade millions in lost revenue - say objectors.
The cluster of four 410ft high turbines, which are 100ft taller than Big Ben and would even dwarf the Fiddlers Ferry Cooling Tower, would be amongst the tallest in the UK. ...
Mike Cooksley, chairman of tourism organisation Visit Chester and Cheshire ...said: "Regional parks should be protected, developed and enjoyed by both visitors and residents.
"The countryside of Cheshire is epitomised by this site and is seen by many as the antidote to urbanisation and relief from city life."
County Road Dept. to receive $100,000 from wind farm impact fees payment
August 19, 2008 by LeAnne Kavanagh in Glacial Reporter
August 19, 2008 by LeAnne Kavanagh in Glacial Reporter
Also filed under [
Tax Breaks & Subsidies|
Montana]
Electric customers to pay 24ยข on bill for wind projects
August 15, 2008 by Aaron Nathans in The News Journal
August 15, 2008 by Aaron Nathans in The News Journal
A Delmarva Power consultant estimates that three land-based wind contracts will cost residential customers the equivalent of 24 cents more a month over the life of the contracts.
The estimate was part of a package of financial information Delmarva has submitted to the Public Service Commission, which will consider approval of the company's land-based wind power contracts in the coming months.
Also filed under [
Energy Policy|
Delaware]
JPMorgan analysts are recommending investors take a neutral stance on electric utilities and independent power producers, a less upbeat position than the securities firm took earlier this year. ...The firm also said it has received calls from a number of investors worried about T. Boone Pickens' high-profile plan supporting wind power could hurt power prices.
Also filed under [
Tax Breaks & Subsidies|
USA]
The City Council Monday was asked by Assessor Frank E. Krakowski to approve a correction of the adjusted base proportions of the 2008-2009 assessment rolls because of a computer error that did not assign an assessed value to one of the eight new wind turbines off Route 5. ...Krakowski said the computer miscalculation had the effect of inflating the city's taxable value by more than $1 million. ...[First Ward Councilwoman Andrea] Haxton also complained the Steel Winds wind farm project was supposed to lowertaxes for ratepayers in the city.
"With the windmills here, it's ridiculous that taxes have to change," Haxton said.
Greenpower users will be double billed if changes to the new greenhouse gas reporting system are not made, says University of Adelaide climate change Professor Barry Brook.
This could cause the GreenPower national accreditation scheme to "implode" when an emissions trading scheme is introduced in 2010.
Professor Brook said the almost 750,000 households and businesses using GreenPower nationally would be penalised once an emissions trading scheme was introduced as they would be paying extra to buy power from renewable sources.
Also filed under [
Energy Policy|
Australia / New Zealand]
Wind is always available and it doesn't pollute the planet. But as wonderful as it sounds, using the resource for energy could come with a hefty price tag. ...But there's a big problem. The Texas Public Utility Commission [PUC] hasn't approved a way to funnel all the power from the wind farms in West Texas and eventually the panhandle, into the Dallas/Fort Worth area.
Ross points out, "The only impediment we have right now is the construction of transmission lines. We've got to construct the wires to move the power back to Dallas/Fort Worth." According to the PUC, that could cost at least $1 million per mile to get the power into the local area.
Also filed under [
Tax Breaks & Subsidies|
Texas]
Green energy plan 'will force more families into fuel poverty'
June 25, 2008 by James Kirkup and Paul Ecclestone in The Telegraph
June 25, 2008 by James Kirkup and Paul Ecclestone in The Telegraph
More families will be driven into fuel poverty as a push to generate more electricity from "green" sources like wind, wave and solar power sharply increases household fuel bills, the Government has said.
Electricity bills could rise by 13 per cent and gas prices could go up by as much as 37 per cent as consumers are made to pay more to subsidise green energy production, ministers said in a new Renewable Energy Strategy. ...The Renewable Energy Strategy says: "It is likely that the measures we need to use to increase renewable energy will add to the challenges we face in combating fuel poverty."
Offshore wind pact OK'd for Delaware; $800 million deal leaves room for more investors
June 24, 2008 by Aaron Nathans in The News Journal
June 24, 2008 by Aaron Nathans in The News Journal
Delmarva Power signed a landmark offshore wind power deal with Bluewater Wind on Monday, agreeing to buy enough power to light 50,000 homes in Delaware for the next 25 years.
The long-awaited, $800 million deal could make Delaware the first state in the nation to build a wind farm off its shores. An array of as many as 70 towering windmills would rise in a tract east of Rehoboth Beach by 2012. ...Both parties agreed the contract will cost average residential customers about $5 a month more -- over the 25 years -- than they would have paid for electricity without offshore wind power. With volatile fossil fuel prices, no one can predict how much additional cost -- or savings -- customers may see over the life of the contract.
Glacier County Commissioners are discussing how to use nearly $190,000 in impact fees from a planned wind farm near Cut Bank.
Commissioners were supposed to approve allocation of the fees June 9, but a decision was tabled until Glacier County attorney Larry Epstein could attend the meeting, according to the Cut Bank Pioneer Press.
Also filed under [
Montana]
Texas billionaire and wind energy developer Boone Pickens said at a hearing in Washington Tuesday that the U.S. is exporting about $700 billion a year to feed its oil addiction, as he joined the call from energy leaders to use nuclear, natural gas, coal, wind, biofuels and solar to wean the country off imported crude.
According to the Department of Energy, an investment of $60 billion in new transmission capacity is needed between now and 2030 to enable wind power to supply 20% of U.S. electricity.
About two-dozen unemployed millwrights set up a picket line Thursday to slow trucks delivering massive wind turbine parts from Windsor to the $200-million Kruger Energy project.
Rick Anderson of Millwright Local 1244 said the erection of the 80-metre-high steel towers and 45-metre-long blades should be done by his union's skilled trades workers.
He warned that if bolts loosen because of improper tightening techniques the towers could topple. ...About seven truckloads of turbine parts are sent daily from Morterm Windsor docks. Ships from Denmark and China bring in the turbine sections.
Also filed under [
Impact on People|
Canada]
Industrial energy consumers: Costs of Lieberman-Warner bill understated
June 5, 2008 by Katie Teller in SNL Interactive
June 5, 2008 by Katie Teller in SNL Interactive
"The math is simple and indisputable," IECA President Paul Cicio said. "The EIA's natural gas price assumptions used to determine the cost of S. 2191 are about one-half of today's real-world forward prices." The IECA recalculated the study using forward price figures as of May 30.
EIA found that, if passed, the legislation would increase average annual household energy bills between $30 and $325 in 2020 and between $76 and $723 in 2030, excluding transportation costs. EIA found that the increasing cost of using energy reduces real economic output and purchasing power and lowers demand for goods and services, causing real gross domestic product to fall $444 billion to $1.308 trillion over the 2009 to 2030 period.
Also filed under [
USA]
E.ON UK chief: Government 'must come clean on cost of renewables'
June 4, 2008 by Russell Hotten in Telegraph.co.uk
June 4, 2008 by Russell Hotten in Telegraph.co.uk
Consumers face years of rising gas and electricity bills as the UK heads towards an energy crunch, according to the chief executive of one of Britain's biggest power companies.
Paul Golby, of E.ON UK, said it was time for the industry and Government to come clean about the extent of the UK's energy needs - and what it will mean for domestic prices. ...Mr Golby, who was launching E.ON's energy manifesto, said his call for an "honest debate" about Britain's energy future must include a recognition that new coal-fired generation "will play a significant role in restraining prices".
He said: "Without coal, bridging the energy gap will mean allowing gas to dominate our energy mix and a second "dash for gas" is something we need to avoid." But new power stations must include carbon capture and storage technology.
The road to economic prosperity is paved green.
That's the pitch the town's business and political leaders will hear at an economic summit next week. ...It's not clear if the town is ready for a green revolution. Businessman Lori Collazino ran into considerable opposition with his proposal to turn toxic General Chemical lands into a wind farm. ...While some towns in the county have set up their own rules on wind farms, all are waiting for countywide policies that go to county council for approval on Wednesday. More than a dozen wind farm projects have been proposed, but there is also considerable resident opposition.
Also filed under [
Zoning/Planning|
Canada]
Colorado has lost out on a bid for a Vestas Wind Systems research center.
Vestas, which opened a major blade-manufacturing plant earlier this year in Windsor, announced Monday it will locate the research facility in Houston.
Colorado was the other finalist, according to Tom Clark, executive vice president of the Metro Denver Economic Development Corp.
A study paid for by a group that represents oil refiners found that the global warming bill, co-authored by Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.), would raise pump prices by around 48 cents (in 2007 currency) by 2030. It also found that the bill would increase gas prices by as much as 13 cents over the next four years.
The debate highlights the difficulty lawmakers will face in trying to tackle global warming as they simultaneously try to provide economic relief to the nation's drivers. ...Opponents will use more than costs to lobby against the Warner-Lieberman bill. The NPRA study also questions whether the emissions curbs called for in Warner-Lieberman are achievable.
Also filed under [
Energy Policy|
USA]
A couple who have been forced out of their home by wind turbine noise have found out their house is unsaleable.
Jane and Julian Davis moved out of their Deeping St Nicholas home in Christmas 2006 after months of sleepless nights due to what they believe is noise and vibration from wind turbines, which are around 900m from their property.
They have long believed it has no value, and their fears have now been proved justified, after estate agents Munton and Russell refused to market the property at Grays Farm.
Also filed under [
Impact on Landscape|
UK]
County commissioners unveiled a draft agreement Thursday for a tax-increment financing district that could bring the county up to $4 million over 20 years to use for economic development in unorganized territories. ...But Carrabassett Valley Town Manager Dave Cota said the draft agreement would shift more of the county tax burden to organized towns and let the company get away with not paying its fair share of taxes.
Mitchell said the purpose was to reach a balanced agreement that would benefit all of the county directly and indirectly.
The TIF would capture 75 percent of the new tax revenue for the first 10 years and 50 percent for the latter 10, with the county keeping 40 percent and TransCanada getting 60 percent. The remaining tax revenue gained would go into the state's unorganized territory fund.
Also filed under [
Tax Breaks & Subsidies|
Maine]
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