Articles filed under Impact on Economy
The [Maine] RPS law limits the amount of energy we can use from renewable sources, such as hydropower, solar, tidal, biomass and geothermal. But in 2009 legislators lifted the cap for wind power, which is expensive to build and produces a minimal amount of our electricity. In 2011, we got only 4.5 percent of our electricity from wind. While it produces only a fraction of energy, it is some of the most expensive electricity we buy.
Mr. Sanford said he wrote the bill because he is opposed to government mandates, not because he favors any particular energy source-a sentiment echoed by legislators in other states. "Texas is blessed with a lot of incredible resources for energy, wind and solar amongst them. But they need to be developed with free-market principles, not with the heavy hand of government directing us to an inefficient process," he said in an interview.
Energy Secretary insisted households will be better off due to initiatives but families will only benefit if they buy more efficient domestic appliances. Average bill is now £1,267 with £112 of that amount going on green taxes. By 2020 green taxes will have risen by over 150 per cent - £286 per family. Charity said government 'embarrassed by terrifying cost of green policies'. Claimed it is 'covering up' with a 'whitewash of wildly optimistic assumptions'.
Recently the New Hampshire Senate Committee on Energy and Natural Resources amended Senate bill 99, placing a moratorium on new wind electricity generation projects for one year. That's a nice start, but it doesn't go quite far enough. What's needed is a repeal of the New Hampshire renewable portfolio standard mandate. Why? Because ratepayers are being forced to buy extremely expensive electricity when cheaper alternatives are available.
An explosion of proposed wind farms near Canberra and their divisive nature have turned communities against them, the Liberal candidate for Hume claims. Angus Taylor said neighbouring farmers were terrified their land values will plunge 30 per cent.
Bluewater's new law would impose a building permit fee of $14,000 per turbine on wind developments. The bylaw also imposes refundable security deposits totaling $420,000 per turbine for decommissioning, health and property damage, and legal fees.
At the center of the battle between opponents and proponents of the Prairie Breeze project is the potential impact on property values in the area. ...Appraiser Mike McCann, representing the CRD, said a wind farm will change the character of the area from residential and rural to industrial and decreases the desirability of selling a residential property.
Even though wind power is inexpensive to build, it is difficult to obtain the permits and approvals, and it also needs gas-fired power stations to generate electricity when the wind is not blowing. ...''At the moment, these are marginal fuels, free-riding on the system. Once that free ride is over, they will have to pay their way, and that will result in increased costs.''
The utilities have warned that the push to buy renewable power will raise customers' bills. PG&E, for example, estimates that renewable contracts will add about 1 to 2 percent to bills each year through 2020. ...Long-term power purchase contracts with wind farms, solar plants and other renewable energy facilities averaged 9.9 cents per kilowatt hour.
"The rhetoric from the Scottish Government over recent years has given the clear impression that wind farms are worth the visual sacrifice because they are such a major source of employment. Yet now we learn that are only 2,000 employed thanks to wind farm developments."
"All it takes is just saying well there is a project that has been proposed that entails bringing 33 to 37 huge wind turbines and people just say oh no no no we'll walk away from that." This is the second time Best's home has been put on the market and without a buyer she is left with few options.
Janet Grace, Real Estate Agent, Royal LePage: "All it takes is just saying well there is a project that has been proposed that entails bringing 33 to 37 huge wind turbines and people just say oh no no no we'll walk away from that." This is the second time Best's home has been put on the market and without a buyer she is left with few options.
There is a 10-megawatt cap of net-metering credits per town as regulated by the state, but the town of Marion does not need to use all of its megawatts. Therefore, Wareham would be able to purchase power from Marion, a host customer, at a discounted price.
Unless advanced economies adopt more ambitious reduction targets and are willing to use CDM to fulfill them, demand for carbon credits cannot easily recover. But uncertain economic and industrial production outlook in developed economies and a huge oversupply of carbon credits do not bode well for the market.
It's difficult to assess just how much oil and gas may be within reach, said Adam Sieminski, head of the Energy Information Administration, the Energy Department's independent statistical arm. "The one thing I can say with absolute confidence here today is that our long-term forecasts are going to be wrong. It looks like the direction that we're going to be wrong, when it comes to oil, is that there's going to be more of it," he said.
Industrial-scale energy projects on Bureau of Land Management lands are pushed through by energy companies touting jobs and economic booms to communities. Not mentioned is the potential loss of tourism revenues if people stop coming to recreational areas that are visually blighted.
The developer of the mammoth wind farm, New York-based Caithness Energy, went though the legal exercise of subdividing the project on paper to qualify for three separate, $10 million state subsidies. The Energy Department approved them in the last six months, despite sufficient evidence in two of its own analyses to define the wind farm as a single facility, deserving only one tax credit.
But six months before a federal election, questions remain, not least how to pay for the shift. Consumers are wary about the extent to which they will foot the bill and Merkel wants to reassure voters that she is trying to curb steep rises in power prices caused in part by subsidies for renewable energy.
Newark residents gave their selectboard a resounding go-ahead to spend as much as needed on legal costs to prevent two wind companies from developing the Seneca Mountain Wind project ...Not too far down the road, the towns of Lowell and Sheffield voted to reduce their tax rates with revenues from utility-scale wind developments.
Burdened by global overcapacity, slowing demand and the resurgence of fossil fuel production, clean-tech investments have fallen heavily out of favor. "Market analysts at Goldman Sachs, HSBC and UBS are now advising their clients to steer clear of clean tech."