Library filed under Taxes & Subsidies

Wind debate: Incentives blowing a hole in Oklahoma's budget

As these overly generous subsidies are being called into question, the only leg the wind industry is purportedly standing on is that it is helping local schools. This could not be a more disingenuous argument. According to the wind industry's own research, state reimbursements — not wind companies — are responsible for the vast majority of “wind industry payments” to schools.
29 Apr 2016

LePage vetoes solar energy bill after compromise talks fail

“I tried to negotiate in good faith with Democrats to reach a compromise that would not add to the burden of ratepayers,” LePage wrote. “I requested that the bill include all renewables, return all renewable energy credits (RECs) to ratepayers and have a cap on the price we pay in long-term contracts. We could not reach an agreement. They are not serious about reducing the price of energy for Maine families or job creators.”
28 Apr 2016

Wind on government support

It is not possible to lie to the people forever about whether wind turbines can compete on equal footing with other forms of energy when the reality is that wind power - for the first 40 years of development - and forever after, will require billions in direct and indirect support.
26 Apr 2016

Senate votes to restore full taxpayer subsidies for windmills

Hot air still rules on Capitol Hill, where senators voted Tuesday to restore millions of dollars in taxpayer subsidies for windmills, in a signal that Congress is still eager to pick winners in the emerging renewable-energy sector. ...Tuesday’s wind vote saw 12 Republicans join with 41 Democrats and one independent senator in sustaining full funding for windmill research.
26 Apr 2016

The Good, Bad and Ugly on Maine Energy

Pennies on the dollar are what some legislative policies cost the average ratepayer. Most people don’t worry about those pennies, but I am not one of those people. I believe that if you watch your pennies, they add up to dimes and eventually to dollars. Those pennies have added up, resulting in Maine having one of the highest electric rates in the country. The last two bills we worked on this year are classic examples of policies that, although well-intentioned, are costly and will likely do nothing to lower energy costs, never mind decrease our tax burden.
25 Apr 2016

Push for energy tax breaks roils Senate debate on FAA bill

Dozens of conservative groups — including Heritage Action, Americans for Prosperity, FreedomWorks and the Competitive Enterprise Institute – have blasted plans to include the renewable energy tax breaks on the FAA bill. “Congress considered the matter of expiring tax provisions less than 4 months ago. It should also be noted that Congress extended significantly favorable tax treatment to renewable energy in omnibus appropriation legislation that accompanied the aforementioned tax extender package.”
6 Apr 2016
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