Articles filed under Taxes & Subsidies
If wind energy really is the energy of the future, as the developers claim, it must prove itself in the market without government subsidies. This has not yet happened anywhere; the projections are all based on artificial models with hidden costs -- costs for you and me, the taxpayers and consumers.
West Texas doesn't have the chance to bring in new industry every day.
FLORIDA — A tax agreement between PPM Energy and the towns of Florida and Monroe could prevent costly disputes about the land used for Hoosac Wind LLC, a proposal for 20 wind turbines on Bakke Mountain and Crum Hill.
TISKILWA - Local developers are continuing preparations to build a small-scale family-owned wind farm in Bureau County despite resistance to tax breaks for the project.
But most of the those who are pumping money into the alternative energy sector -- and investing heavily in ethanol, wind and solar power -- are just shrewd people, who understand that it's hard to go wrong when Uncle Sam is helping hedge your bets and guarantee a return on investment.
ALBANY -- Some $200 million in utility surcharges slated for alternative-power plants and energy-efficiency projects is caught in a power struggle between Gov. George Pataki and the Legislature.
MARATHON CITY, Wis. - Wisconsin businesses, local governments and homeowners would be able to apply for grants to help them implement renewable energy technology under a proposal Wednesday by Gov. Jim Doyle.
Organizations behind the development of North America's first urban wind turbine have applauded the provincial government's announcement on Standard Offer Contracts (SOC).
Whether produced by the elements or from cattle's backsides, more "wind" will soon be harnessed to heat and light Ontario homes.
On Thursday, AWEA submitted testimony to the House of Representatives Appropriations Subcommittee on Energy & Water Development calling for a substantial boost in wind energy research and development (R&D) funding to $70 million next year.
Let me be clear from the start - we are not opposed to renewables. Our companies have been the beneficiaries of the state's most abundant form of renewable energy - hydropower. What we do object to is being forced to subsidize those renewables that are not cost competitive...............Adding significant amounts of wind power does not negate the need to add more baseload generation, to ensure system reliability during periods of peak demand. Until we add significant baseload capacity in this state we are not likely to reap the benefits of a truly competitive marketplace where supply will respond to demand.
CAMBRIDGE, Ont. -- Ontario is fixing prices for green power generated by small renewable energy projects.
Lack of a long-term federal tax credit continues to hamper the wind farm industry and fosters a boom-and-bust cycle of construction, developers said on Monday at a conference on financing renewable energy.
The state's energy conservation program for homes and businesses will be fully funded next year — after years of raids by Gov. Jim Doyle and lawmakers — under legislation Doyle signed Friday.
DENVER - The House passed and sent to the Senate a bill that attempts to lure more wind farms to northeastern Colorado. The vote was 54-9 earlier this week.
Washington, DC [RenewableEnergyAccess.com] Tax credits to promote renewable energy got a reassuring boost from lawmakers this week in Congress as a Senate bill was introduced to extend new federal tax credits authorized in the Energy Policy Act of 2005 through 2010.
Two bills key to Colorado's economic development continued to move through the House of Representatives on March 15, according to the Legislature.
CenterCOLCHESTER, Vt.--(BUSINESS WIRE)--March 14, 2006--Green Mountain Power Corporation (NYSE:GMP) announced today that its customers now have the choice of buying all or a portion of their power from renewable resources. The Vermont Public Service Board has given its final approval to the program, effective immediately.
RICHMOND — A bill to give localities the option of how to tax wind utility equipment passed the House of Delegates Monday by a margin of 10 votes.
DENVER -- The state property tax administrator annually would determine the amount of a production tax to be paid by new wind farms under a bill that won unanimous approval Thursday in the Colorado House Finance Committee.