Library filed under Taxes & Subsidies from Nevada

It’s time for wind tax credit to get blown away

Lame-duck Senate Majority Leader Harry Reid soon will lose control of a chamber he has helmed for eight years. As the sun sets on his reign, one question remains: will Reid, D-Nev., go out with bang or a whimper? The answer to that question could depend on what Congress decides to do about one of Reid’s favorite corporate subsidies: the wind production tax credit.
21 Nov 2014

A Government-subsidized Desert Death Ray

The Ivanpah solar generating plant is located in California about 50 miles from Las Vegas near the California-Nevada border.  173,000 mirrors are used to concentrate the sun on 3 boiler-towers where water is turned into steam to drive turbines and generate electricity. The mirrors track the sun and concentrate sunlight so that the intensity of light falling on the boiler-towers is about 500 times stronger than sunlight -- a death ray. If a person were to be illuminated by this death ray, 3rd degree burns would follow within a few seconds. Insects that wander into the kill zone are quickly vaporized. Birds are severely burned or killed depending on how long they are in the kill zone. An aerial view is below. Only one tower was operating when the photo was taken.
12 Sep 2014

A U.S.-backed geothermal plant in Nevada struggles

In a remote desert spot in northern Nevada, there is a geothermal plant run by a politically connected clean energy start-up that has relied heavily on an Obama administration loan guarantee and is now facing financial turmoil. The company is Nevada Geothermal Power, which like Solyndra, the now-famous California solar company, is struggling with debt after encountering problems at its only operating plant.
3 Oct 2011

State giving up $500,000 per job in renewables

Nevada has handed out tax incentives worth an estimated $45 million to lure solar and geothermal projects to Nevada over the past four years. So far, the state has received in return promises that the projects' developers will create 89 permanent jobs. It's a number so small that some lawmakers are questioning whether taxpayers are getting a good return on their investment in the incentives.
10 Mar 2009

Taxpayer money funding failures

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.
1 Jan 2009
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