Articles filed under Taxes & Subsidies from USA

Where Now, for the Wind?

Environmentalists love wind power and there is increasing bipartisan support for it among Republicans and Democrats concerned about energy security and global warming. But as wind power grows more prevalent the tax benefits from a production tax credit for wind is becoming increasingly expensive - now about $2.75 billion annually by one estimate - for an energy source produced by rich utilities that still generates less than one percent of the country's power...People are not always enthusiastic about having 400-foot high, or 122-meter, wind behemoths that sometimes kill lots of birds and bats as neighbors, as he conceded with his poster.
1 Jun 2007

El Paso City Council tables wind farm proposal

Mayor Herb Arbuckle and other members of the council expressed concern that land taken up by wind turbines could have detrimental effects on economic growth and development, property values because of obstructed views, noise or light pollution and possible electronic and radio interference that could affect emergency radio signals. "We've got to look 20 to 30 years down the road when we consider this," Arbuckle said. Council member Dick Jones said looking down the road, he can see the turbines harming residential property development west of town.
31 May 2007

Cape Wind and tabloid journalism

In the Williams/Whitcomb world of tabloid journalism, there is no room for thoughtful discussion, for weighing costs against benefits, for understanding that self-interest is at work on both sides of the issue or for any kind of honest discussion. Such thoughts would get in the way of the facile thinking and cynical blather that fills their book and that is now commonplace on TV, radio and the Internet. Do you find yourself bored now that Don Imus and Rosie O'Donnell are off the air? Does the Internet no longer meet your need for trash talk? Then read this book. You won't learn anything substantive from it, but it'll be great entertainment.
31 May 2007

Contribution not a windfall

Consequently, Iberdrola's $18,000 contribution offer to Mahanoy Township for its Locust Ridge wind energy facility represents less than 12 percent of the national average payment made by windplant owners to local jurisdictions. Furthermore, Mahanoy is getting about half of the low-end range of payment for a wind energy project ($750 per MW vs. $1,400 per MW), which is roughly seven percent of the top-end payment to local communities from wind energy project owners ($750 per MW vs. $11,000 per MW).
27 May 2007

Neugebauer to host closed-door wind ’summit’

Local and federal officials are hoping to head off future encroachment issues as the expanding wind energy industry creeps toward the Dyess Air Force Base flight path. U.S. Rep. Randy Neugebauer, R-Lubbock, is hosting a meeting at Dyess Tuesday for representatives from the city of Abilene, Taylor and Nolan counties, the Department of Defense, the Department of Energy and the Federal Aviation Administration. At stake is the future coexistence of two major economic players in the Abilene area - Dyess and the burgeoning wind energy industry.
26 May 2007

Renewable energy nears law status

Four months after saying his "New Energy Economy" was more than a campaign promise, Gov. Bill Ritter will sign a half-dozen measures this week encouraging Coloradans to make more renewable energy and consume less fuel overall. On Tuesday, Ritter signed a bill that rewards utilities for promoting energy conservation. It was vetoed twice by his predecessor, GOP Gov. Bill Owens. Today, Ritter plans to sign measures to promote recycling and biofuels development, encourage construction of transmission lines from solar and wind farms and provide tax credits for renewable energy.
23 May 2007

Market for carbon offsets raises questions; buyers need to beware

The desire to make amends for everything from a trip to the Oscars to a morning commute has spawned a plethora of for-profit and nonprofit carbon offset providers, whose offerings run the gamut in terms of how much they cost and what they say they will accomplish. But the growing retail market, which is largely unregulated, also is raising questions among environmentalists who say not all offsets are created equal.
22 May 2007

Wind farms projects in Woodford Co. may be delayed

EUREKA -- Wind farm projects in Woodford County may be delayed unless the state passes a law specifying how they will be taxed. County Administrator Greg Jackson said local government doesn't have all the facts needed to continue approving wind farm projects. He recommended the county board delay approval of future wind farms until potential tax revenue is set in stone.
20 May 2007

Windfall or just wind

LOGAN COUNTY - This county will have more tax revenue - about $2.3 million each year - after the Peetz Table Wind Energy Center is completed and placed on the tax rolls. The assessed valuation of the $700 million project will increase revenues for Logan County and also for the Peetz Plateau School District. To put it in perspective, the $2.3 million the county will receive equals an 8.8 percent addition to its current annual budget of $26 million. Over the next 30 years, this will total about $70 million. In addition, FPL is paying Logan County a one-time payment of $4.16 million in lieu of building permit fees and use taxes.
19 May 2007

Wind farm owner wants to give township $18G

Locust Ridge Wind Farm owner Joe Green, of Shenandoah, would like the Mahanoy Township Board of Supervisors to give him a tax break on his wind energy enterprise. He would even be willing to give the township a share of his profits in exchange for a break in taxes. Tax law, however, prohibits local government from agreeing not to tax somebody. That's the legislature's job, according to township Solicitor Victoria Edwards.
18 May 2007

Response to science fiction writer Wendy Williams

Sorry, Ms. Williams, but you have no right to classify us all as ‘narcissists'; we hold our anti-wind positions for a wide variety of reasons. Mainly, though, those who oppose wind do so because we've taken the trouble to learn the technical details, and we realize that wind power is in fact an expensive scam, driven solely by developers eager to cash in on the concerns over climate change. Were subsidy money and incentives to be removed, these folk would decamp overnight.
18 May 2007

Response to science fiction writer Wendy Williams

Sorry, Ms. Williams, but you have no right to classify us all as ‘narcissists'; we hold our anti-wind positions for a wide variety of reasons. Mainly, though, those who oppose wind do so because we've taken the trouble to learn the technical details, and we realize that wind power is in fact an expensive scam, driven solely by developers eager to cash in on the concerns over climate change. Were subsidy money and incentives to be removed, these folk would decamp overnight.
18 May 2007

Dolgeville BOE discusses windmill project

The Dolgeville Central School District has been in discussions with the Manheim Town Council regarding the proposed wind energy project that will bring 41 industrial wind turbines to the town. Superintendent of Schools Ted Kawryga said Tuesday that he and Manheim Town Supervisor Tim Parisi have talked about the payment in lieu of taxes (PILOT) agreement, and the share the school district will receive.
17 May 2007

Wind farm legislation concerns official

Stalled legislation aimed at assessing wind farm developments in Illinois has concerned Woodford County's administrator so much that tonight he is going to request the County Board delay approving future developments. County Administrator Gregory Jackson said Monday he is concerned about how wind turbines will be assessed for property tax purposes, and warns if no legislation is approved in Springfield, the county will be "at risk" of losing tax dollars some day if the developments become reality.
15 May 2007

Nebraska lawmakers aprove bill encouraging wind farms

State lawmakers gave final approval Tuesday to a measure to encourage wind farms in Nebraska. The bill would permit public power districts to work with private developers and landowners to build electricity-generating wind turbines. All 49 lawmakers voted in favor of Legislative Bill 629, which now goes to Gov. Dave Heineman for his signature. Under the plan, developers and private equity firms would work with rural Nebraskans to build wind farms and collect federal incentives for alternative energy production. When the incentives expire after 10 years, the Nebraskans would attain full ownership of the projects.
15 May 2007

Tax credits considered for wind farms

A look at money spent each year on wind energy projects during the past decade shows "sort of this boom-bust cycle" as the Renewable Energy Production Tax Credit has been allowed to lapse every one or two years, said Brad Barton, director of commercialization for the DOE's office of energy efficiency and renewable energy. The tax credit provides an incentive of a 2 cent-per-kilowatt-hour tax credit for renewable electricity production, which makes wind energy more competitive with other forms of energy such as coal, hydroelectric and natural gas. Extending the PTC through 2012, which was proposed by Sen. John Thune, R-S.D., in a bill introduced earlier this month, would encourage more investment in the natural resource, Barton said.
14 May 2007

Europe enters U.S. wind market

Since the extension of the production tax credit, European wind companies have been keener on investing in the U.S. market. Several of the largest turbine producers are now selling to U.S. developers for projects, and opening offices and manufacturing plants in the United States. The federal production tax credit was extended for two years in August 2005 by President Bush. It was set to expire on Dec. 31, 2007, but was extended as one of Congress' last acts and will now run through Dec. 31, 2008. The PTC provides a 1.5 cent per kilowatt hour credit, or 1.9 cents when inflation-adjusted, to energy facilities during the first 10 years of operation.
14 May 2007

https://www.windaction.org/posts?location=USA&p=100&topic=Taxes+%26+Subsidies&type=Article
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