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Tax Breaks & Subsidies and Massachusetts
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We applied a couple of years ago, using a consultant, for a grant to help with the installation of solar panels on one of our buildings. ...After all of this preparation we were notified that the grant would not be given due to lack of funds. However, it was suggested that since there were few requests for wind turbines, we likely would get a grant.
Blowhards: The fabulous debate over wind power on Nantucket Sound
January 24, 2009 in Wall Street Journal
January 24, 2009 in Wall Street Journal
Green energy has been on the subsidy take for years, including in 2005 when Mr. Delahunt was calling for "an Apollo project for alternative energy sources, for hybrid engines, for biodiesel, for wind and solar and everything else." The reality is that all such projects are only commercially viable because of political patronage.
Tufts economist Gilbert Metcalf ran the numbers and found that the effective tax rate for wind is minus-163.8%. In other words, every dollar a wind firm spends is subsidized to the tune of 64 cents from the government.
Also filed under [
Energy Policy|
USA]
These letters, and a host of others addressing the Cape Wind facility proposed for Nantucket Sound, were published in the Mar 6, 2008 edition of the Cape Cod Times. The Minerals Management Service, a division of the Department of Interior, has released the draft environmental impact statement of the proposed project. Other letters can be accessed by clicking on the link at the bottom of this page.
Regulators recently dealt a serious blow to a proposed offshore wind farm in Delaware, criticizing the plan as too financially risky to consumers. ...what's significant about the news from Delaware is that the Public Service Commission used a team of independent consultants to determine the project's costs and their effect on consumers.
That's not the case with the Cape Wind project. So far, the developer has refused to provide financial data that would help the public consider the definition of economic viability. As a result, how can the public fully consider the project if it does not have the appropriate economic information on which to judge it? The point at which the project becomes economically viable is critical to the public's consideration of the project as this private venture seeks to use public lands. ..."After six years of 'exhaustive' review of Cape Wind, we are still getting stonewalled," said Mark Forest, Delahunt's chief of staff.
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Impact on Economy]
Consumers are paying some of the highest electricity rates in the nation, which severely limits the ability to attract and retain good jobs. Yet we add further costs to every electric consumer's bill to fund programs that, though intended to promote energy efficiency and the use of renewables, lack proportion, rationality, accountability, and oversight.
It's time to stop piling on these added charges to our electric bills and start examining and coordinating the myriad programs we have.........Consumers also pay about $25 million annually into a fund disbursed by the Massachusetts Technology Collaborative to site and encourage projects using renewable power. Renewable power is a good thing, when it is economically viable, but for now electricity from sources such as wind and solar power is much more expensive than existing sources. We should not levy new taxes to fund more expensive power.
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General|
Energy Policy]
In the Williams/Whitcomb world of tabloid journalism, there is no room for thoughtful discussion, for weighing costs against benefits, for understanding that self-interest is at work on both sides of the issue or for any kind of honest discussion. Such thoughts would get in the way of the facile thinking and cynical blather that fills their book and that is now commonplace on TV, radio and the Internet. Do you find yourself bored now that Don Imus and Rosie O'Donnell are off the air? Does the Internet no longer meet your need for trash talk? Then read this book. You won't learn anything substantive from it, but it'll be great entertainment.
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Impact on Economy|
Property Values|
Tourism|
Energy Policy|
Zoning/Planning]
Sorry, Ms. Williams, but you have no right to classify us all as ‘narcissists'; we hold our anti-wind positions for a wide variety of reasons. Mainly, though, those who oppose wind do so because we've taken the trouble to learn the technical details, and we realize that wind power is in fact an expensive scam, driven solely by developers eager to cash in on the concerns over climate change. Were subsidy money and incentives to be removed, these folk would decamp overnight.
Environmentalists have been promising for more than three decades that wind energy would be competitive if there was a "level playing field," but it survives only because the field has been tilted in its favor.