Library filed under Taxes & Subsidies from USA

Trouble on Green Mountain

In June, Austin-based Green Mountain Energy Company – self-described as "one of the nation's largest retail providers of cleaner electricity products," generated from sources such as wind, solar, water, biomass, and natural gas – announced the crosstown relocation of its headquarters from aquifer-sensitive west Austin to an award-winning green office tower downtown, in anticipation of growth and expansion. By the time the move was complete, however, the energy provider had discontinued servicing about 480,000 customers in Ohio and Pennsylvania, laid off 15% of its workforce, and found itself facing suit in federal court. Green Mountain blames regulatory and market obstacles for its woes, but its critics cite an over-reliance on natural gas and a lack of investment in the very clean energy sources the company has made its trademark.
24 Nov 2005

Trouble on Green Mountain

In June, Austin-based Green Mountain Energy Company – self-described as "one of the nation's largest retail providers of cleaner electricity products," generated from sources such as wind, solar, water, biomass, and natural gas – announced the crosstown relocation of its headquarters from aquifer-sensitive west Austin to an award-winning green office tower downtown, in anticipation of growth and expansion. By the time the move was complete, however, the energy provider had discontinued servicing about 480,000 customers in Ohio and Pennsylvania, laid off 15% of its workforce, and found itself facing suit in federal court. Green Mountain blames regulatory and market obstacles for its woes, but its critics cite an over-reliance on natural gas and a lack of investment in the very clean energy sources the company has made its trademark.
24 Nov 2005

Wind not a stormy issue in Readsboro, Searsburg

READSBORO — Officials from the two towns most affected by a proposed wind facility met on Wednesday night to discuss the economic impacts of a 30-turbine development. The Readsboro and Searsburg Select Boards met in the Central School gym to discuss the financial benefits and strains that can be expected by a town hosting a wind farm. Robert Ide of the Vermont Department of Public Service attended, as did about 10 residents. Searsburg is now the home of the state's only existing commercial wind facility. There are 11 turbines producing about 6 megawatts of electricity. A 30- to 45-megawatt plant with 20 to 30 new turbines has been proposed for ridgelines spanning both Readsboro and Searsburg.
17 Nov 2005

Financial Impacts of Wind Turbines on Communities in Western Massachsetts- A Closer Look

Tax_implications_of_turbine_development_1__thumb When considering local bylaws regulating wind turbine development, towns need to consider whether and to what degree they should be encouraged. The question of how much revenue they might generate for the town will be among the first issues raised. To determine this, there are many things a town with land suitable for commercial wind development needs to consider. Particular attention needs to be paid to long-term trends as well. This paper explores some of these factors and their implications.
15 Sep 2005

Wind Farms: Frequently Asked (Legal) Questions

In community after community where industrial-scale "wind farms" have been proposed, mundane and sparsely-attended board meetings have been transformed into standing-room-only affairs. Residents and property owners are anxious to know whether rumored plans to construct twenty, fifty or even a hundred of the 400-foot tall wind turbines are "a done deal." Most significantly, the electorate wants to know the extent to which their town has the power to decide whether or not wind farms will dominate their rural landscape. /p
30 Jun 2005

Wind Power Facility Siting Case Studies: Community Response

National_wind_coordinating_committee_siting_studies_thumb BBC Research & Consulting's 2005 report for the National Wind Coordinating Committee that studies 9 wind plant sitings in an effort to identify circumstances that distinguish welcomed projects from projects that were not accepted by communities.
1 Jun 2005

Economic Factors for Wind Projects - With special refererence to Highland New Wind Development

This page [author's website] is dedicated to economic information that applies to wind-power projects anywhere in the United States and specifically applies to the Highland New Wind Development project proposed for the northwestern corner of Highland County, VA. Let me say right up front that I am not an economist or tax accountant. I will try to compile factual information on the economics of wind power along with the opinions of recognized experts in this field. Editor's Note: This provides a good overview of the production tax credit, capacity factor, renewable portfolio standards, renewable energy certificates. and accelerated depreciation. Readers are encouraged to visit the author's site via the link below for the most current version, e.g. the author is planning to update the production tax credit information to the current prevailing rate of 1.9 cents per kWh.
19 Feb 2005

Economic Factors for Wind Projects - With special refererence to Highland New Wind Development

This page [author's website] is dedicated to economic information that applies to wind-power projects anywhere in the United States and specifically applies to the Highland New Wind Development project proposed for the northwestern corner of Highland County, VA. Let me say right up front that I am not an economist or tax accountant. I will try to compile factual information on the economics of wind power along with the opinions of recognized experts in this field. Editor's Note: This provides a good overview of the production tax credit, capacity factor, renewable portfolio standards, renewable energy certificates. and accelerated depreciation. Readers are encouraged to visit the author's site via the link below for the most current version, e.g. the author is planning to update the production tax credit information to the current prevailing rate of 1.9 cents per kWh.
19 Feb 2005

Distorting The Wealth Of Nature - Subsidies and Favoritism for Energy

....there are too many forms of subsidies and favoritism to determine accurately which energy sources get the best treatment, although some interpretations can be made. In any case, those who argue that their technology should receive more in order to compensate for another technology’s subsidies are being disingenuous. Congressional subsidies in the latest energy bill will only make matters worse.
1 Jan 2005

Tom Hewson Analyses Carbon Dioxide Savings of Gray County Wind Farm (KS)

Given its location, Gray County would have displaced mostly NGCC and some oil fired generation. Using the average 2003 NGCC heatrate for the sub-powerpool (7,478 Btu/kWh) and the average CO2 content of natural gas (116 #CO2/MMBtu), the project may have displaced only 158,000 tons of CO2 in 2003 (0.00207% of 2003 US estimated emissions according to the USDOE report entitled Emissions of Greenhouse Gases in the United States, 2003 (issued December 13, 2004). (Note in 2002, the output was less and it would have displaced only 140,000 tons).
1 Jan 2005

http://www.windaction.org/posts?location=USA&p=127&topic=Taxes+%26+Subsidies
back to top