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Tax Breaks & Subsidies and USA
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Jobs argument is potent in tax debate, but some say it's off point
December 9, 2010 by Anne C. Mulkern in Greenwire
December 9, 2010 by Anne C. Mulkern in Greenwire
Focusing on jobs is an inaccurate way to measure a policy's worth, said Roger Bezdek, president of Management Information Services Inc., an economic research firm that specializes in energy and environment issues.
"You subsidize anything enough, you're going to get jobs," Bezdek said. "That's the wrong metric. The government should spend tax dollars on projects or technologies that make sense economically."
Jobs question jeopardizes wind farm's stimulus deal
November 4, 2009 by Tom Zeller Jr. and Keith Bradsher in New York Times
November 4, 2009 by Tom Zeller Jr. and Keith Bradsher in New York Times
News that $450 million in federal stimulus money might go toward installing Chinese-made wind turbines in Texas prompted criticism on Thursday, with Senator Charles E. Schumer, Democrat of New York, calling on the Obama administration to deny federal financing.
According to partners in the deal, the proposed 600-megawatt wind farm, announced late last week, would be built on 36,000 acres in West Texas using 240 wind turbines manufactured by A-Power Energy Generation Systems of Shenyang, China.
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.
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