There are much cheaper ways to reduce carbon dioxide emissions than subsidizing renewable energies. CO2 abatement costs of PV are estimated to be as high as $1,050 per ton, while those of wind power are estimated at $80 per ton. By contrast, the current price of emissions certificates on the European emissions trading scheme is only 13.4 (Euro) per ton. ...Moreover, the prevailing coexistence of the EEG and emissions trading under the European Trading Scheme (ETS) means that the increased use of renewable energy technologies generally attains no additional emission reductions beyond those achieved by ETS alone.

KU and sister company Louisville Gas and Electric Co. plan to purchase wind power from the breezy prairie of northern Illinois to help meet what they expect will be federal requirements to increase their use of renewable energy. Last month, they asked the Kentucky Public Service Commission for permission to add a "renewable resource clause" to customer bills so they can recover the costs of the pricier wind power and transmission.

The main point of contention in the contract talks between National Grid and Deepwater Wind is the price of electricity generated by the proposed wind farm off Block Island. Deepwater has quoted a price of between 20 and 25 cents per kilowatt-hour. National Grid has calculated the cost, with adjustments over time, to be closer to 30.7 cents per kilowatt hour. Either price is much higher than the 9.2 cents per kilowatt-hour that National Grid pays for power mainly from natural gas plants. So far, the utility has refused to pay the higher cost for wind energy, saying it's simply too much.

Wind developers are bracing against draft legislation that would impose a tax on the generation of wind energy in the state ...Rather than creating a tax specifically on wind energy, lawmakers are considering a tax on all electrical generation, then providing tax credits or exemptions to all other forms of generation but wind. The purpose for this strategy is to fit within the state's constitution, which prohibits singling out a particular industry for exclusive taxation.

Freedom residents wondering how their taxes could have gone up this year despite a new $10 million wind development crowded into the Dirigo Grange Hall Sept. 30 expecting to have questions answered by an official from the Property Tax Division of the Maine Revenue Service. But the official never turned up, and the meeting that followed was fraught with speculation, suspicion and accusations, mostly to do with the wind turbines.

New global investment in clean-energy companies fell 22 percent in the third quarter as government financing was offset by tight credit markets, according to new research released Friday. From July to September, new global investment totaled $25.9 billion, down 22 percent from a year ago and off 9 percent from the second quarter, according to London-based New Energy Finance, a global research firm.

To meet a developer's request for speed, the Jefferson County Industrial Development Agency will begin laying out a property tax relief program for the proposed Galloo Island Wind Farm. While the payment-in-lieu-of-taxes agreement will follow the formula developed for a uniform tax-exempt policy, JCIDA will not seek approval of the uniform policy now. That would require all affected taxing jurisdictions from the four proposed wind projects to sign on, which officials believe would take too long.

While hopeful that the Maple Ridge Wind Farm will retain Empire Zone benefits, local leaders are preparing for the worst-case scenario: a $6.3 million drop in combined wind-farm revenue for area governments. While Lewis County projected $2.16 million from the wind farm in this year's budget, the proposed 2010 budget likely will include only about $600,000, the amount the county would receive if Empire Zone benefits are revoked, County Manager David H. Pendergast said. That's nearly a $1.6 million reduction.

The Liberal Party wants to cut state funding for land-based wind turbines in favour of financing biogas, hydrogen and solar cell development. Several parties oppose the idea. ...Party group chairman Kristian Thulesen Dahl said consumers had paid huge additional charges on their electric bills for almost three decades, based on an ideological desire to promote the development of wind turbines.

Representatives of town governments want more of the financial pie from new industrial wind power developments, but many Cattaraugus County residents say they are financed by federal debt and long-range costs to the community will outweigh benefits. These sentiments dominated three public hearings on a tax-incentive proposal for wind developers by the Cattaraugus County Industrial Development Agency.

Lobbyist pressure will not weigh on a U.N. panel's decision whether to award carbon finance worth about 100 million euros ($144 million) to Chinese wind power projects, said the chair of the panel on Tuesday. ...The issue has caused long-running tension between the panel and project developers and brokers about the speed of approvals in the $6.5 billion global carbon offset market. Under the U.N.-led Kyoto Protocol's clean development mechanism, rich countries can buy rights to pollute by funding cuts in greenhouse gas emissions in developing nations.

The Cattaraugus County Industrial Development Agency will seek public comments at 6:30 p. m. tonight, Wednesday and Thursday in hearings on proposed revisions to the agency's uniform tax exemption policy to accommodate wind farm developments. The revisions, if adopted, will set a schedule for payments-in-lieu-of-taxes.

Millions in federal stimulus money was expected for Locust Ridge II wind farm near Shenandoah even before President Obama took office in January, according to the company that developed the project. "When we were lobbying (the Obama transition team), we said, 'You need to do something or we can't utilize the tax credit,' " Rich Glick, government affairs director with international wind power company Iberdrola Renewables, said in a conference call with The Republican-Herald late Thursday afternoon. "It allowed us to complete Locust Ridge."

When three Eastern Oregon wind farms got big federal grants last week, the news brought a debate that has been simmering at the state level to a boil. Because wind farms are expensive, wind power company officials say, they need all the help they can get. But some say the recent grants serve as a high-profile reminder that Oregon doesn't need to spend more to woo wind farms. "Oregon is far more generous than other states," in terms of renewable energy credits, said Jody Wiser, chairwoman of Tax Fairness Oregon. "And it's not driving more building in Oregon; it's just giving money away."

Franklin County can expect to get $200,000 a year for 20 years to use for economic development in the unorganized territory in the tax break deal struck with the owner of the Kibby Wind Power Project going up near the Canadian border. This week, county commissioners moved forward on their plans to have Greater Franklin Development Corporation administer that annual amount.

Despite reports to the contrary, none of the $294 million in stimulus money awarded Tuesday to Spanish wind company Iberdrola Renewables will be spent in Pennsylvania, according to company officials. ...Johnson said Iberdrola applied for stimulus money using projects already completed, like Locust Ridge II, as examples. She said the federal government was looking at a company's track record of success.

Iberdrola SA, a Spanish company, will get most of the more than $500 million in economic recovery funds the Obama administration said today it is distributing to U.S. renewable-energy projects. Bilbao, Spain-based Iberdrola will get $236 million for wind farms in Texas, Oregon and Minnesota and an additional $59 million for a Pennsylvania wind project, U.S. officials said.

The feds have awarded $502 million under a new $3 billion program that gives the cash equivalent of a 30 percent investment tax credit. The U.S. Department of Treasury has doled out $502 million under a new program to provide grants to renewable energy developers who opt for cash instead of the 30 percent investment tax credit.

The Arizona Corporation Commission has a mandate in place requiring that at least 15 percent of the state's energy come from renewable sources by the year 2025. But despite its intention to wean the state off fossil fuels, the move has drawn vocal criticism from free-market advocates such as the Goldwater Institute, which claims the mandate will cost utility customers billions over the next 15 years.

Not only is Lewis County dealing with a decrease in sales tax revenue and a lack of information about how much state aid it will receive, it's also dealing with the loss of a major money maker. The Maple Ridge Wind Farm ...recently lost its certification as part of the state's Empire Development Zone, which means it lost critical tax breaks and other business incentives.