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Tax Breaks & Subsidies or North Carolina
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Must we destroy the environment in order to save it? In the province of Ontario, the answer seems to be "yes."
This month, the Liberal provincial government of Dalton McGuinty will finish drafting its proposed Green Energy Act. The Act's early drafts call for a big increase in renewable energy production in Ontario. Sounds nice! How do we get there?
The plan contains two big elements: (1) a huge cash giveaway and (2) a brusque slap-down of local democracy.
The current fiscal catastrophe in Nevada is being further damaged by the governor's office, which has given carte blanche to alternative wind energy limited liability companies to move into Nevada and game the tax credit system and then to follow tax subsidies that are solely funded by taxpayer money.
There isn't much doubt that Congress and incoming President Barack Obama will try to impose some kind of limits on carbon emissions. The Republicans, girding in opposition, are denouncing global warming as a fraud, and claiming that either a carbon tax or cap-and-trade system will impose an unacceptable burden on the economy. ...Wind generation is the prime example of what can go wrong when the government decides to pick winners. The idea that it can replace significant quantities of coal or natural gas in electrical generation is a fantasy.
Also filed under [
Tax Breaks & Subsidies|
USA]
The domestic auto industry isn't the only uncompetitive industry that seems to require life-sustaining transfusions of government cash to stay in business. Alternative energy sources have relied on such subsidies, called "investments," for years.
Yet in President-elect Obama's announcement of his energy team, we were told "the foundations of our energy independence" lie in "the power of wind and solar." ...After decades of tax credits and subsidies, wind provides only about 1% of our electricity. By comparison, coal provides 49%, natural gas 22%, nuclear power 19% and hydroelectric 7%.
While being aware of how little energy wind turbines develop, I would have more time for their claims if they would cut the cant about global warming, saving the world through reduction of CO2 etc, and come out into the open and tell us how much profit these machines collect from the subsidy we all pay.
Let developers tell us just how much profit they are making and, while developing this theme, perhaps the British Wind Energy Authority would also like to make a statement on this, that is if it can keep off the "we are saving the world" statements and "global warming being a greater threat than terrorism".
Also filed under [
Tax Breaks & Subsidies|
UK]
We congratulate all involved — county commissioners and the county Planning Department — for the county’s tall structure ordinance, which commissioners unanimously approved Monday night.
As Lori Wynn says today in a front-page story, it took nine months of public hearings, multiple drafts and countless e-mails, but Carteret County finally has an ordinance regulating wind turbines and communication towers. ...While Progress Energy would have bought the power, that would not have mitigated any electricity to customers because wind is unpredictable and energy generated from industrial wind power can’t be stored so conventional energy sources would still be necessary.
Also filed under [
Zoning/Planning|
North Carolina]
Once a booming industry thanks to sky-high oil prices, the feel-good trend, carbon reduction and subsidies, the financial crisis has pushed investors to give up on green energies, and like the dot-com bubble of 2000, some analysts say it's about to burst. ..."I think economic reality will kill the green industry," said Mr. Buckee, who now lives in Britain and lectures on climate change.
Solar energy isn't alone in its woes. Wind, biomass, biofuel and other "clean-tech" companies are getting pasted too as the financial crisis sends investors fleeing from technology names, dries up credit and freezes the IPO market.
The likes of wind farms and other similar ventures have always been seen as more of a headline grabber in the UK rather than a real alternative for the future. The authorities have given minimal tax incentives for companies to get involved and there have even been complications with getting them connected to the national grid. All in all the alternative energy market has been launched and re-launched on many occasions but it is just not working.
Financial, economic issues will affect us for years to come
October 12, 2008 in Watertown Daily Times
October 12, 2008 in Watertown Daily Times
[W]e are being urged to support the construction of massive wind turbine farms all over this country. Why are these developers so eager to build these massive inefficient industrial complexes? Because our state and federal government are offering lucrative tax incentives to build them. Where do you suppose this money will come from? The taxpayers.
These international companies hire public relations firms to market their product. They love to use buzzwords such as: green energy, renewable energy, carbon exchange, global warming, etc., to lure you into thinking wind turbines are the answer to our energy needs.
Texas should not be subsidizing wind energy producers at the expense of its schoolchildren
September 15, 2008 in Star-Telegram
September 15, 2008 in Star-Telegram
Wind power and other renewables have their place in the energy mix. But since the federal subsidies for wind farms are so large, it's unclear Texas needs to provide additional incentives.
These funds could be better used to raise teacher salaries and otherwise upgrade the quality of public education across the state. Removing or reducing the state incentives for wind generators will not by itself solve the education crisis in Texas, but it would be a step in the right direction.
Gradually, the message is beginning to sink in. With wind farms already growing in unpopularity, people are now waking up to the gigantic scale of the rip-off being perpetrated. As more and more people begin to understand this, it should only be a matter of time before the whole programme crashes and burns.
But, there is one minor problem ... wind energy is an EU-supported obsession. To stop the scam, we have to confront the EU. Is there a politician brave enough to do this?
Creating a welfare-dependent industry in the province may benefit the backers of these projects, but the potential cost to taxpayers is huge, and the outlook for an unsubsidized industry is grim. ...The wind power industry in Canada gets a federal government subsidy of $10 per megawatt hour.
But B.C. consumers can expect to dig deeper.
The cost of electricity from wind power is about $71 per megawatt hour. That compares to about $48 for natural gas and $25 for electricity produced from B.C.'s heritage hydro assets.
When Young County commissioners began discussing details of the abatement with special counsel Alan Carmichael last week, the majority seemed very interested in finding a way to maximize the amount of money Young County stands to bring in if the farm is built.
While that makes perfect sense up front, it could prove perilous to the entire project. With several other counties vying for wind farms from BP, it may not take much to sway the company one way or another. In Archer County, rumor has it that commissioners are planning to agree exactly to the proposal made by BP.
As chairman of Responsible Citizens for Responsible Energy (RCRE), our stand has never been to ban wind turbines from Carteret County. As our name implies, our main goal is to obtain responsible siting in the pending ordinance. It is our elected and appointed officials responsibility to protect the health, safety and welfare of the residents of Carteret County by adopting an ordinance which mandates a safe and responsible setback of wind turbines from neighboring homes and properties.
Also filed under [
General|
North Carolina]
Pickens' plan is basically a couple of pie charts showing how he'd like to see the U.S. energy economy work. ...He gives no specifics publicly, but he's made it clear that it's up to Congress, not consumers or investors, to make this vision become reality.
Because Pickens has announced his gambit in the name of the environment, the media have dropped the skepticism they usually apply to the claims of businessmen trying to make a buck. Because his plan involves government - meaning you and I pay the costs - that skepticism ought to be even greater.
I would simply like simple answers to simple questions, i.e., what happens when the wind doesn't blow?; what happens when the wind blows too hard?; how many dirty power plants will be decommissioned as a result of embracing wind power?; how many projected new plants now on the books will be scrapped?; will the air over the Smoky Mountains become cleaner and clearer as a result of wind turbines?; will ozone alerts become fewer and farther between?; where are we going to put 300,000 wind turbines to meet the proposed goal of generating 20 percent of the nation's electricity by 2025?
Iberdrola of Spain, owner of Elk River, realized over $9.9 million in PTC allowances in 2007. Foreign companies are not regulated by the Kansas Corporation Commission. There are no state or federal regulations of any kind on WECS. Few Kansas counties have wind regulations.
WECS will force consumers to pay for their electricity three times; to build the WECS, build conventional power as backup, and additional transmission lines to carry power from the WECS to the grid.
WECS will not produce large economic benefits to a community as evidenced by records from Gray County (Montezuma), or Butler County (Elk River). Elk River has produced seven jobs. Most employees live outside the community.
If wind energy were a sensible economic investment, it would not need federal and state subsidies already in place or the additional subsidies inherently needed in the wind power expansion directly and inferentially sought after by Pickens. Similarly, if compressed natural gas (CNG) vehicles are really an economically viable alternative to conventional gasoline-powered vehicles, they would have succeeded in the market place and no government subsidy would be necessary.
We can wish T. Boone Pickens well in his wind energy business, but there is no reason for taxpayers, ratepayers or consumers to pay him for his investments.
Also filed under [
Tax Breaks & Subsidies|
Energy Policy]
In my humble opinion when any organization actively pursuing wind power options, promoting legislation that would support those options and taking it upon themselves to define responsible siting criteria publishes a "model" ordinance, it's going to be an ordinance promoting the interest of wind production and wind producers.
And what could have prompted the need for wind proponents to create their own model ordinance? Well, according to Brent Summerville, wind program manager at ASU's Energy Center, "Some wind ordinances have passed that are not favorable to utility scale wind development.
Also filed under [
Zoning/Planning|
North Carolina]