Articles filed under Taxes & Subsidies

Sorry wind and solar, America's insatiable energy demands require reliable power sources

Both wind and solar power remain troublingly intermittent — and require backup generation from gas and coal for every moment when the wind doesn’t blow and the sun doesn’t shine. As such, they remain expensive and cumbersome forms of power generation. And while their market share has grown impressively, they still only contribute 7 percent to America’s total electricity needs. In short, they are by themselves unreliable for an economy that needs power in all conditions, and at all times of day. 
12 Dec 2017

Giving Away the (Wind) Farm

Wind farms have offered less of an economic boon than the industry had promised ...“Some studies produced by consultants assumed larger spillovers from the wind projects to the local economy. Our research showed that the spillovers were likely to be much smaller than their assumptions.” [T]he majority of the economic effect of wind farms benefits local landowners who lease plots to the farms.
5 Dec 2017

Why all the sudden hype for wind energy?

As Warren Buffet said in 2014, ….“…we get a tax credit if we build a lot of wind farms.  That’s the only reason to build them”.  Wind Energy is the biggest crony capitalism scam in our lifetime. ...Look at wind turbines for what they are: “Subsidy meters”.
1 Dec 2017

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

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