Articles filed under Taxes & Subsidies

Renewable-power sector sees Senate tax bill as major threat

The Senate’s latest tax-overhaul bill includes rules that aim to make it harder for U.S. businesses to keep money overseas and shielded from U.S. taxes. The problem for the wind- and solar-power industries is that big financiers with international footprints have become essential to their development, and the new tax policy may dissuade them from keeping that investment going. 
29 Nov 2017

Ontario lost up to $1.2 billion selling clean energy: engineers

Ontario lost between $732 million and $1.25 billion over the past two years selling surplus clean electricity outside the province, an analysis by the Ontario Society of Professional Engineers (OSPE) estimates. That’s the difference between what Ontario agreed to pay to produce nuclear, water, wind and solar power, and the bargain basement price it sold it for on the international market.
21 Nov 2017

End the Wind Production Tax Credit

Congress needs to stop its habit of picking winners and losers in the marketplace. Twenty-five years of picking wind developers over more-reliable sources of electricity hasn’t paid off. Imagine what innovation we might unleash if we used the billions wasted on wind energy to invest in research to help our free-enterprise system provide the abundance of cheap, clean, reliable energy.
18 Nov 2017

Big Wind and Tax Reform

The wind lobby is crying foul on grounds that it has made commitments to projects that rely on the subsidy but may not qualify as “under construction” in 2017 under the new rules. It ought to be thankful the House is offering to let the scam wind down gradually rather than kill it. Even if the House proposal survives, the subsidy will take billions more out of the pockets of working Americans and transfer the money to rich investors.
11 Nov 2017

County willing to entertain partial tax abatement for Deer River Wind Farm

While Mr. Gray said he would like full taxation for the full assessment from developer Avangrid Renewables in a potential payment-in-lieu-of-taxes agreement for its Lewis County project’s transmission line, which will run through the town of Rodman, he said he would bring a proposal to the Legislature that would mirror the PILOT agreement for the Copenhagen Wind Farm.
29 Oct 2017

House panel votes to eliminate RGGI energy-efficiency funds; Committee also supports lessening renewable energy standard

The NH House Science Technology and Energy Committee narrowly voted Tuesday to gut energy-efficiency funding through the Regional Greenhouse Gas Initiative and roll back the state’s renewable energy standard, in a move that one Republic denounced as partisan and a Democrat called “nuts.”
27 Oct 2017

'Completely perverse' wind energy subsidies aren't reducing emissions

We all see the hundreds of wind power turbines which dot the beautiful landscape of our region. We're told, by the supporters of these wind farms, that they're a boon to our society. That they're reducing greenhouse gas emissions by providing cheap, reliable energy. Except, this week I spoke with a man from the University of California, Berkeley who says that's a lot of bunk.
16 Oct 2017

http://www.windaction.org/posts?p=2&topic=Taxes+%26+Subsidies&type=Article
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