Articles filed under Impact on Economy from USA

Town to hire La Capra to consult on wind farm issues

Council is poised to hire Richard La Capra of La Capra Associates to serve as consultant regarding Deepwater Wind's proposed wind farm installations near Block Island and its potential effects on island electricity ratepayers. The council will take a formal vote on a contract at its Tuesday meeting, First Warden Kim Gaffett said Wednedsay. La Capra's scope of service will also be outlined at that meeting.
5 Sep 2009

It might take a lot of green to be 'green'; Renewable energy costs still double that of fossil fuels

The Arizona Corporation Commission has a mandate in place requiring that at least 15 percent of the state's energy come from renewable sources by the year 2025. But despite its intention to wean the state off fossil fuels, the move has drawn vocal criticism from free-market advocates such as the Goldwater Institute, which claims the mandate will cost utility customers billions over the next 15 years.
27 Aug 2009

'Is it worth it?' Experts eye economics of wind power

Transmitting electricity over hundreds of miles to market constrains wind energy development, speakers told 600 participants at a conference at the University of Wyoming last week. So do local, state and federal regulation; and taxation issues, they said. But Laura Ladd, energy economics advisor to Gov. Dave Freudenthal, noted a major omission to that list. "Nowhere in here did we hear of economics as a constraint," Ladd said.
17 Aug 2009

Wind firm may bring jobs

A start-up wind company official said with federal stimulus funding and state permits, the doors to the former Bayliner plant at Mexico Farms could have local people back to work by the holiday season. John Congedo, president of AC~Wind, listed online with a Grantsville address, told the Times-News Tuesday that AC~Wind has contracted with Brunswick Corp., parent company of Bayliner, to use its facilities in Cumberland and Salisbury.
12 Aug 2009

Turbine tax benefit eludes Freedom residents

Freedom residents who hoped the wind turbines on Beaver Ridge would bring a lower tax bill got a surprise this year as other factors sucked up most of the windfall. ...Freedom town officials, with help from the state, valued the Beaver Ridge development at $9.7 million and the Central Maine Power transmission lines running up the ridge at an additional $480,000. But the value added to the town made barely a dent in the mill rate, which went from 17 to 15.5.
11 Aug 2009

Impact of turbines: Financially, 'it's enormous'

Among the first Indiana residents to experience life near industrial wind turbines, Buchanan has yet to arrive at a final judgment of his 260-foot-tall neighbors, which went operational in March. "They growl at you," he says. "The quiet of the rural area I have enjoyed most of my life, I probably will not be able to experience that again." ...Financially, "it's enormous," says Buchanan, who farms several thousand acres with family. "If you offer me the opportunity to have four towers that generate $30,000 to $40,000, that's a lot of corn and soybeans."
9 Aug 2009

If they build it, will they stay? Prospects for green jobs may not be as positive as proponents think

This economy, proponents say, promises to rebuild communities abandoned by bankrupt manufacturers, restore jobs lost by the busted housing market and reinstate America as a global leader. Not so fast. Although Senate Majority Leader Harry Reid says renewable energy has the potential to create "tens of thousands of jobs" in Nevada and more than a million nationwide, little research has been done on actual job creation in such an unchartered area.
7 Aug 2009

Minnesota Power seeking 2nd rate hike

Only 15 months ago, Duluth-based Minnesota Power asked for its first rate increase in 14 years. Now, it wants another one. In seeking a new rate increase before the end of 2009, the utility is citing, in part, the cost of increasing renewable-energy generation; under 2007 state legislation, utilities must generate a quarter of their energy from renewable resources by 2025.
7 Aug 2009

If they build it, will they stay? Prospects for green jobs may not be as positive as proponents think

This economy, proponents say, promises to rebuild communities abandoned by bankrupt manufacturers, restore jobs lost by the busted housing market and reinstate America as a global leader. Not so fast. Although Senate Majority Leader Harry Reid says renewable energy has the potential to create "tens of thousands of jobs" in Nevada and more than a million nationwide, little research has been done on actual job creation in such an unchartered area.
7 Aug 2009

Nuns decide to pass on Ridgeville property; Cite possibility of wind turbines for decision

Cistercian nuns are moving from Prairie du Sac, but a site for a new monastery in the Town of Ridgeville is no longer one of several considered by the religious community. According to Sister Roberta Boyer ...the Ridgeville site, land owned by Ryszard Borys, was taken off the table because of the wind farm situation in the township.
6 Aug 2009

PGE posts lower Q2 results

Get ready for a series of major investments and associated rate increases by Portland General Electric Co. ...The Portland-based utility told financial analysts Thursday that it was pulling the plug on a near-term plan to add 218 megawatts of new wind power because of financial market conditions. The company still plans, however, to complete the ongoing expansion of its Biglow Canyon wind farm and add another 300 to 400 megawatts of wind or other renewable power to meet Oregon's renewable energy standard by 2015.
3 Aug 2009

Sweetwater businesses compete against wind jobs

The equation changed in the winter, when layoffs hit the wind industry hard, Shamblin said. Unemployment for June was 6.7 percent, still below the state average but the highest in Nolan County since at least 2000. Rainey would hear again from his former employees around March, after the completion of some wind construction projects. "When it all shut down, all four of them came back looking for a job. By then, it'd slowed down for us, too," Rainey said.
1 Aug 2009

Wind industry jobs dwindle fast after construction

In employment terms, wind farms are large construction projects. Most of the jobs are temporary. Permanent jobs that might be considered wholly wind energy related are few in number. Greg Efthimiou, a spokesman for Duke Energy, said peak employment during construction at the Campbell Hill project near Casper is expected to be about 150 workers. The company will erect 66, 1.5-megawatt General Electric wind turbines in the Cole Creek drainage.
29 Jul 2009

What else do they generate?

Wind farms generate a lot of electricity, but not a large number of permanent jobs once the construction phase is over. And although the projects are desirable because they use an abundant renewable natural resource, the only significant revenue the units are generating in Wyoming at this point is through property taxes in the counties where they are located. Their property tax bills so far are modest.
29 Jul 2009

Austin struggles with keeping green power affordable

Austin Energy, Austin's municipal power utility, was the first in the nation to give consumers the option of buying green-powered electricity. And as recently as last year the city's green power program, called GreenChoice, was number one in the nation, in terms of sales. This year, 99% of the city's allotment of green power remains unsold, even after seven months on the market, according to the Austin Statesman.
22 Jul 2009

Information lacking on wind power

Performing a detailed feasibility study and siting analysis of wind turbine placement atop our Berkshire hills is dependent upon corporate proprietary information which could be purposely withheld (in restraint of trade) for fear that competition could gain an unfair advantage if it were divulged. Such a practice stifles competition from firms performing similar services ...but is particularly injurious to the industry which depends the most on the wise use of our land-based natural resources.
16 Jul 2009

State green power plan will cost consumers billions

Sharon Reid and her husband, Dewitt, a retired Marine major, pay $170 in a typical month ---- and some months more than $230 ---- to cool and light their 2,000-square-foot, tri-level home in Vista. Without making any changes in lifestyle, their electricity bill is likely to increase by $45 a month on average as California overhauls its power grid and tries to shift the source of one-third of its electricity from fossil fuels to green sources by 2020.
12 Jul 2009

Rate hike needed to afford cleaner energy, SRP says

Salt River Project announced Friday that it was considering raising electricity rates 8.8 percent, opening the next chapter in a long string of rate hikes to hit Arizona consumers over the past decade. But it also offered a glimpse of the future, where more energy will come from cleaner, renewable sources - but will come at a premium. If approved, the increase could go into effect in October.
11 Jul 2009

Energy proposal forgets economics

Of course, politicians are not alone. It's not unusual to find an economist who succumbs to the dark side of politics, letting political preferences override sound economic reasoning. A glaring example of politics overriding economics came June 26 when the U.S. House of Representatives passed the American Clean Energy and Security Act. ...In effect, politicians are willing to wreak havoc on the U.S. economy for the sake of green politics.
10 Jul 2009

http://www.windaction.org/posts?location=USA&p=22&topic=Impact+on+Economy&type=Article
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