Articles filed under Taxes & Subsidies from Florida

Mandates on the use of renewable energy would have a profound impact on the environment, but at what cost?

A crucial argument about the best way to combat global warming comes down to two alternatives that may seem deceptively simple: • Force utilities to make a certain percentage of electricity from renewable resources, such as solar and wind. • Make utilities pay a stiff fine for the greenhouse gases they produce from coal and natural gas, then let the utilities figure out the most economical way of reducing their emissions. ...The debate boils down to three key points: Are renewable standards the best way to deal with greenhouse gases? How expensive are renewables, particularly in the Southeast? And what's the best renewable for Florida?
10 Aug 2008

FPL asks state to keep audit of green energy program secret

The commission's probe of the program began in September when it asked FPL for documents and explanations of how it has spent about $10 million collected from the program's 38,000 subscribers. Again and again, FPL filed requests to keep its records confidential, saying they contain "proprietary business information" and "contractual vendor data." But FPL records not under seal show that out-of-state renewable energy companies benefited more from the Sunshine Energy Program than did Florida companies. "I think it's disappointing for FPL customers who fully expected and assumed they were putting their hard-earned money into developing renewable energy in Florida," said Holly Binns, field director of the nonprofit environmental group Environment Florida. "This is one example of why voluntary green energy programs aren't sufficient to develop a renewable energy economy here."
6 Jun 2008

Last gasp for FPL plan

With a majority of St. Lucie County commissioners opposing Florida Power & Light Co.'s plans to put three giant wind turbines on conservation land at Blind Creek Park, that part of the nine-windmill project is dead. Three cheers. The project does not belong on land the county and state paid to preserve. ...St. Lucie's rejection would leave intact the principle that land bought for conservation is meant to be preserved. If FPL proceeds with the project on its own land, it should return a portion of the grant. If FPL drops the whole project, the whole grant should go back to the state.
10 Mar 2008

FPL's wind turbine project gets $2.5M grant

Florida Power & Light Co. received a major boost to its wind turbine project Tuesday as the company was awarded a $2.5 million state grant. ...The $2.5 million award was the maximum amount possible through the Renewable Energy Technologies Grant Program, designed to encourage renewable energy projects involving solar, hydrogen, wind and other technologies. The wind turbine project is estimated to cost about $60.8 million.
26 Feb 2008

Peter Degen: It's FPL logic that's blowin' in the wind

Let's confront an inconvenient truth. Wind turbines on Hutchinson Island will not work. What makes this statement more shocking is that Florida Power & Light is well aware of this. Then what could motivate them to proceed with a major project that will destroy the natural habitat, kill a multitude of birds, disrupt the environment, do damage to the infrastructure, and go against the wishes of the residents of Hutchinson Island? The answer is quite simple. Money. ...I personally cannot think of this practice being anything less than economic terrorism.
12 Feb 2008

Wind turbine project all about tax breaks for FPL

This one is about corporate tax avoidance through massive tax subsidies lobbied for by Enron, which was the largest wind developer in the United States before its demise and which pioneered the tax shelter as a commodity. FPL Group paid zero federal income tax in 2002 and 2003 despite more than $2 billion in profits, largely because of the wind projects of its wind subsidiary, FPL Energy, according to Citizens for Tax Justice. But, now it has gotten so bold that it is proposing putting wind turbines where we don't have sufficient winds to get close to the 30 mph required to reach the turbines' rated capacity. Destroying environmentally sensitive lands on Hutchinson Island and the quality of life for people in a populated area for an industrial wind plant is like burning down rain forest to build a solar farm.
10 Feb 2008
back to top