Tax Breaks & Subsidies or New Hampshire
For years environmentalist fought ski areas over putting one lift up to a summit for thousands of skiers and riders to enjoy. Now some of these same environmentalists support desecrating entire ridge lines with heavy-duty roadways and giant wind turbines towering 400 to 450-feet with wing spans greater than a 747. I do not get it. How do these big white erections pass as "green"?
The Energy Information Agency of the Department of Energy published figures in August 2011 showing that for the fiscal year 2010, the federal subsidies were as follows: Hydro received 1.8 percent of the federal subsidies for renewable energy; nuclear received 21 percent; coal received 10 percent and wind a whopping 42 percent.
The attractions of the "anti-wind" letter are emphasised by the apparent difficulty in organising a counter-demonstration of support. Heaton-Harris took just three days to collect his signatures; weeks later, nobody has got an equal number of MPs to sign support for onshore wind - although a group of pro-renewable interests is mustering backing from more predictable interests, including renewable companies and environmental campaigners.
Let's not even think about putting this tax break for the rich in the middle of an extension of a tax deduction for working Americans this week. Let's focus on reducing the debt, increasing expenditure for research, and getting rid of the subsidies.
Twenty years is long enough for a wind production tax credit for what our distinguished Nobel prize-winning Secretary of Energy says is a ‘mature technology.'
Yesterday Northern Pass made an emergency filing with the New Hampshire Attorney General’s office seeking to overturn the Tillotson trustees’ decision to conserve the bulk of the Tillotson land. The filing is available here. A future blog post will analyze Northern Pass’s filing in more detail. Tonight's guest blog presents an overview of the filing and looks at the larger implications of this extraordinary document.
The renewable energy lobby likes to portray itself as an upstart industry, one that is grappling with big business and the entrenched interests of the hydrocarbon sector. But billions of dollars in 1603 grants - all of it exempt from federal corporate income taxes - is being used to fatten the profits of some of the world's biggest companies.
As the federal Energy Department blew billions of dollars on green-energy pipe dreams, the Labor Department shoveled away its share, too, dumping $162 million into so-called "green" jobs.
That is, for 1,336 people as of October.
Another important point about this "independent analysis" is the standard by which the Obama administration defines success. Creating jobs in the United States is not a requirement for success ...According to Daley, "The President is committed to investing in clean energy because he understands that the jobs developing and manufacturing these technologies will either be created here or in other countries."
Granite Reliable's wind farm is not proven, and Granite Reliable is a limited liability company, which provides broad investor protection if the company goes down. What is the justification for risking $135 million in public money, especially on a company with access to so much private cash? Apparently, the justification is that Obama likes "green power" and wants to associate himself with it.
Republicans argue that it’s inappropriate for the Obama campaign to raise money from a donor who has benefited directly from the Recovery Act.
Missouri Republican Party executive director Lloyd Smith compared the situation to the Solyndra affair, in which the Obama administration reportedly rushed federal support to a green-energy firm that subsequently collapsed.
Queensland families and retirees are worried about the rising costs created by a carbon tax, saying they 'cannot be taxed any further'.
The political willingness to support renewable energy may be peaking as politicians realize that renewable energy systems are not the answer they were looking for.
The Maine Public Utility Commission's analysis showed that the first two years of the increased renewable energy mandate added $7 million to Maine ratepayer's electric bills.
Rather than continue the automatic increases to the renewable energy source mandate, we think there is a better approach by allowing consumer choice while still supporting renewable energy development.
"They made a lot of promises about how this is going to bring local jobs to local people ... We thought they would be fair and equitable to [our people]."
So much for promises and our gullible expectations. ...The promises of good jobs and a local economic boost were insincere sales pitches, or worse, intentional deceptions.
Green Mountain Power doesn't have to worry about the cost-effectiveness of its project. It will sell the power to its customers ...The cost, however ridiculous it may be, will be added to its cost of service. The Public Service Board will let GMP add a 9 percent profit margin, and send out the bills.
Will Freedom get the tax relief it has wanted all along? What will happen to our taxes next year when, for the first time, the turbine values are added to the school district assessment, increasing Freedom's share of the school budget, while reducing state aid to education? The answers are painfully obvious.
With Northern Pass, PSNH has proposed a project where the negative impacts are instantly and universally obvious. PSNH wants to permanently disfigure the North Country's most valuable economic and natural asset - its unspoiled beauty - to deliver power not produced in the U.S. and not needed in New Hampshire. At seven recent North Country hearings on the project, more than 2,300 people testified eloquently in opposition.
But while Exergy does not speak for the entire Idaho wind industry, the company's abrupt about-face undermines the developers' case for rebates. Not to mention undermining one company's credibility at the Statehouse.
Spain's politicians, in something of an emergency move, have just stuck Spanish households and small businesses with a hefty new energy tax to go into effect tomorrow. Yeah, that oughta help matters.
This latest in a series of energy tax hikes is intended to help pay down the burst renewabubble, which they also realize they can't just end but must perpetuate.
State senator Paul Pinksy (D-Prince George's) and delegate Tom Hucker (D-Montgomery) have filed a bill mandating state utilities enter into long term contracts to purchase wind generated power. ...If the Pinsky-Hucker bill becomes law, Google and it's investment partners will be the only winners and Maryland utility customers will be the losers.