Opinions
Category:
Tax Breaks & Subsidies
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.
One thing it doesn’t mean is that Whole Foods will now get its power from wind. Though press accounts have praised Whole Foods for “going green” with this move, it actually changes next to nothing.
Also filed under [
USA]
The legislature needs to be involved in the RPS process. It is a crime to raise hundreds of millions of dollars and then fritter it away on projects that in the end will not reduce emissions.
That windmills retain a mystical popularity among its Northwest supporters, is truly a triumph of hope over substance, not to mention unawareness of hidden costs and poor performance data. There is a huge amount of information now available regarding wind energy from around the United States and Europe. It’s not good news.
"These projects are very expensive and wouldn't happen without tax subsidies," he [Glenn Schleede] said. "Ordinary taxpayers are getting taken to the cleaners on this."
Absent special political privileges - federal research and development subsidies, tax breaks, and state RPS programs - today's renewable-energy industry, or most of it, would not even exist. Three decades, $14 billion in direct federal support, and untold billions in state taxpayer and ratepayer subsidies have failed to make "green" energy economically self-sustaining. Enough is enough. Congress should terminate, not expand, its patronage of this boondoggle.
Also filed under [
Energy Policy|
USA]
It's time to jump off the Production Tax Credit treadmill and work toward a more open, transparent support mechanism such as the Electricity Feed Law.
Also filed under [
Energy Policy|
USA]
| << Property Values | Tourism >> |