Articles filed under Taxes & Subsidies

Chamber takes aim at wind credit in Senate hearing

Harbert will argue that the wind production tax credit, or PTC, from the 1990s has been successful in ramping up the amount of electricity produced from wind turbines from a very low number to providing as much as 4.7 percent of the nation's power mix. But it is doing it at the expense of the 20 percent of electricity that comes from the nation's nearly 100 nuclear power plants.
14 Jun 2016

Somerset may tax energy projects

"Our town, school and county have a decidedly mixed experience with PILOTs, as have many across the state,” resident Randy Atwater said. “We know that our community does not want this project, but if we lose the battle and the project proceeds, I'd prefer the project be taxed on the full value of the installation.”
10 Jun 2016

Denmark scares off investors after energy agenda is jettisoned

"You have to remember this is a billion-figure cost that we’re passing on to the Danes," said the party’s leader, Kristian Thulesen Dahl. "While some investors may be annoyed by the fact that they won’t make as much money, that’s no biggie, it’s just business. We also have a responsibility to discuss the costs we impose on Danes over the next 10 year."
5 Jun 2016

Open letter to Premier Kathleen Wynne

Did the wind industry ever tell you that their turbines are of no practical use for most of the time? Do you now understand the meaning of the capacity factor? Repeat: it is time to put the welfare of Ontarians ahead of your ego­ and stop this waste now. We all make mistakes, and the smart people learn from them. It is now clear to all critical and realistic thinkers that wind and solar will never replace or even moderately supplement nuclear and other reliable sources of the electrical energy in Ontario.
31 May 2016

The growing battle between Wyoming lawmakers and the largest wind developer in America

Wyoming lawmakers are calling such statements a bluff. The Cowboy State’s bountiful breeze means developers will continue to flock to its vast expanses of wind-blown prairie, regardless of the tax, they say. What’s more, they argue, Congress extended the $23-per-megawatt-hour tax credit for wind producers last year. They contend Power Company of Wyoming can spare some of those proceeds.
20 May 2016

Legislators seek higher taxes on wind

A group of lawmakers, accusing wind farms of “seeking to shut down” the coal industry, drummed up proposals Wednesday to increase taxes on the renewable energy source to raise money for education. ...Sen. Cale Case, R-Lander, disagreed, arguing that wind turbines destroyed viewsheds for up to 200 years, a much longer time than mines and drilling rigs. “With wind, that viewshed is lost forever,” he said. “It is severed.”
12 May 2016

Energy Bill approved after DECC wins wind farm battle

Opposition peers sought to extend the government's grace period criteria until 31 March 2017 for wind farms that had secured planning permission before 18 June 2015 and issued legal agreements by 18 September 2015. But a final vote on the amendment was defeated by 204 votes to 109, and the amendment was subsequently withdrawn.
11 May 2016

Wind farm tax objections drafted

The first objection states that the real estate does not qualify as an ERA as defined by Indiana Code. “(Roberts) objects to any designation of the subject 21 square miles of real estate as described in the (county’s) preliminary resolution as an Economic Development Area. ...By law, an economic development area is supposed to be undesirable or impossible to develop for economic growth. The objection states that the area in question is “some of the most valuable and productive farmland in Henry County ....”
10 May 2016

Denmark to scrap green energy tariff

Denmark will scrap the “expensive and ineffective” tariff that has been financing renewable energy development since 1998, the government has announced. ...“The PSO tariff is expensive and ineffective. We have long believed that the rising costs are unsustainable and now it is abundantly clear that we have to find an alternative. Therefore the government is ready for a showdown over the PSO levy.” 
10 May 2016

Gridmonsters attack! Wind, solar power are inefficient, unreliable and make electricity grid more costly than it has to be

In fact, wind and solar “farms” have become troublesome “gridmonsters”. They are uncontrollable, cruel and unreasonably costly. Gridmonsters have a licence not only to kill, but also to bill. Enabled by Ontario’s Green Energy Act , they drive up electricity prices while ravaging rural neighbourhoods and wildlife.
7 May 2016

The truth about wind turbine tax benefit to schools

Thus, the 30-year average tax revenue benefit to the Sanborn Central School District would be a meager $7,600 per year. They currently receive $4,877 per student from the state, meaning that tax revenue equates to a mere 1.6 students over the life of the project. If we have one young family move from Sanborn County, not wanting to live in the shadows of these behemoths, it would more than wipe out the supposed tax benefit.
7 May 2016

http://www.windaction.org/posts?p=9&topic=Taxes+%26+Subsidies&type=Article
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