Articles filed under Impact on Economy from USA

The green supply chain; The "domestic" green job argument turns out to be weak

A major selling point for the green jobs movement has been the near guarantee that renewable energy and green tech sector jobs will be tied to U.S. soil -- wind farm technicians and solar panel installers in China or India can't service turbines in Iowa and roofs in California. The resulting theology of the green energy movement is that investments in alternative energy will yield millions of new U.S. jobs that cannot be shipped overseas. But Sen. Charles Schumer's, D-N.Y., recent irritation over a proposed Texas wind project eligible to receive hundreds of millions of dollars in stimulus funding has shown just how erroneous this thinking is.
17 Nov 2009

Stimulus job boost in state exaggerated, review finds

While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated. Organizations that received stimulus money miscounted jobs, filed erroneous figures, or claimed jobs for work that has not yet started. The Globe's finding is based on the federal government's just-released accounts of stimulus spending at the end of October. ...But in interviews with recipients, the Globe found that several openly acknowledged creating far fewer jobs than they have been credited for.
11 Nov 2009

Stimulus job boost in state exaggerated, review finds

While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated. Organizations that received stimulus money miscounted jobs, filed erroneous figures, or claimed jobs for work that has not yet started. The Globe's finding is based on the federal government's just-released accounts of stimulus spending at the end of October. ...But in interviews with recipients, the Globe found that several openly acknowledged creating far fewer jobs than they have been credited for.
11 Nov 2009

Minnesota Power: Going green means a rate hike

Minnesota Power is seeking an almost 20 percent increase in rates for its residential customers to cover investments made in cleaner, greener energy. For the average residential customer, that amounts to $13 per month. "We know this is unwelcome news at an unwelcome time," said Pat Mullen, the company's vice president of marketing and public affairs. "These are improvements that need to be made. ..."The average citizen in Duluth is not going to be able to afford an increase like that," said Sue Siverson of Duluth.
3 Nov 2009

Towns seek assurance they can cash in on wind

To municipal wind power advocates, net metering is the Holy Grail. ...Net metering provisions virtually double what municipalities are currently paid for the power they generate through renewable energy. It also allowed the towns to get credits at the wholesale rate for their power ...But some Cape municipal and county officials are worried that wind turbines that are still in the planning stages will not get the benefits of net metering because of a cap the state Legislature imposed on the total amount of power that could be generated under the program.
1 Nov 2009

State lowballed cost of green tax breaks

State officials deliberately underestimated the cost of Gov. Ted Kulongoski's plan to lure green energy companies to Oregon with big taxpayer subsidies, resulting in a program that cost 40 times more than unsuspecting lawmakers were told, an investigation by The Oregonian shows. Records also show that the program, a favorite of Kulongoski's known as the Business Energy Tax Credit, has given millions of dollars to failed companies while voters are being asked to raise income taxes because the state budget doesn't have enough to pay for schools and other programs.
31 Oct 2009

US wind turbines: Blame the Europeans - Or, blame the shortcomings of policy.

But if US wind turbine manufacturers want another foreign renewables contingent to worry about, there's always the Europeans. A study by non-profit group the Investigative Reporting Workshop found that 84 per cent of the $1.05bn handed out by the US government since September 1 has gone to foreign companies - mostly European. It's not an overwhelmingly surprising finding given that the US subsidiary of Spain's Iberdrola Renovables - the biggest wind farm operator in the world - was also the biggest recipient of the funds. And big European turbine manufacturers such as Vestas have been quite clear that they see the US as their big growth market.
30 Oct 2009

Wind lobby huffs and puffs, but can't blow the facts away

In AWEA's blog post, they describe a national Renewable Electricity Standard as "a free-market" program. That is not accurate. In free markets, people are free to choose. A Renewable Electricity Standard forces people to buy wind, solar, and other government-approved energy sources. It is a mandate. Forcing someone to buy your product is not a free-market program by any definition. Contrary to AWEA's assertion that a Renewable Electricity Standard would lower energy prices, common sense and real-world evidence suggest otherwise.
28 Oct 2009

The long view on energy

Short-term thinking on energy is going to cause some long-term problems Ask Paul Edmonds, vice president of National Semiconductor in South Portland. In August, he wrote in the Portland Press Herald, "An inefficient regulatory system and lack of long-term energy strategy are conspiring against Maine citizens and businesses." I was intrigued. So I called him. He told me, "High electricity costs are a threat to manufacturing competitiveness in Maine."
25 Oct 2009

Wind turbine tax promise lacks substance

A well-rehearsed claim repeatedly trumpeted by wind project developers, and those wanting to join with them, promises substantial new property tax revenues as a windfall for our schools and counties. This argument becomes a tool used to disarm those neighbors who are opposed to these mammoth towers and the disruption to this agricultural community. As I have investigated these claims of promised new tax revenues, I was struck by what is not shared: Subsequent appeals of the taxes, attempts to claim the turbines are not real property and affects of accelerated depreciation on these turbines thereby rapidly reducing the taxable value.
22 Oct 2009

Wind Power Just Hot Air

Wind power costs a lot to build and nothing to operate. Could it hammer the profits of power utilities that currently charge a premium to light your home by burning the decayed remains of ancient organisms? Investors shouldn't be too worried, according to Lasan Johong, an analyst with RBC Capital Markets. Johong says that increasing our reliance on wind power could actually raise power prices significantly.
21 Oct 2009

PSC rejects wind surcharge

KU and sister company Louisville Gas and Electric Co. plan to purchase wind power from the breezy prairie of northern Illinois to help meet what they expect will be federal requirements to increase their use of renewable energy. Last month, they asked the Kentucky Public Service Commission for permission to add a "renewable resource clause" to customer bills so they can recover the costs of the pricier wind power and transmission.
21 Oct 2009

PSC rejects wind surcharge

KU and sister company Louisville Gas and Electric Co. plan to purchase wind power from the breezy prairie of northern Illinois to help meet what they expect will be federal requirements to increase their use of renewable energy. Last month, they asked the Kentucky Public Service Commission for permission to add a "renewable resource clause" to customer bills so they can recover the costs of the pricier wind power and transmission.
21 Oct 2009

With little precedent, cost of wind power up in the air

The main point of contention in the contract talks between National Grid and Deepwater Wind is the price of electricity generated by the proposed wind farm off Block Island. Deepwater has quoted a price of between 20 and 25 cents per kilowatt-hour. National Grid has calculated the cost, with adjustments over time, to be closer to 30.7 cents per kilowatt hour. Either price is much higher than the 9.2 cents per kilowatt-hour that National Grid pays for power mainly from natural gas plants. So far, the utility has refused to pay the higher cost for wind energy, saying it's simply too much.
17 Oct 2009

Hand over your job if you want to dream in green

Policy fantasies are dangerous because they cause direct harm, replacing plans that might actually work, and because they spread economic illiteracy that can negatively influence future policies. ...Right now, one of the most dangerous policy fantasies is the distracting notion that government can create so-called green jobs and should strive to do so enthusiastically. While the principal proponent of the green jobs hokum, Van Jones, is now out of government, the idea still influences policy design.
5 Oct 2009

RG&E, NYSEG seeking sizable rate increases

You may need to brace yourself for thicker sweaters and thinner wallets next year, as Rochester Gas & Electric and New York State Electric and Gas are seeking sizable rate increases. If approved by the state Public Service Commission, the higher rates could go into effect by August 2010 and raise the average bills of households served by the utilities by roughly $400 to $450 a year. ...The PSC has an 11-month deadline for ruling on the request. No dates have been set for hearings.
19 Sep 2009

California renewables push could drive up prices in Oregon

California's push to supersize its renewable energy standards could drive electricity rates higher for Northwest consumers, strain the west's transmission and hydroelectric systems, and create a host of thorny policy issues. The California Assembly passed a pair of bills Friday to create the nation's most aggressive renewable energy mandate. It would require utilities to meet one third of their customers' needs with green energy such as wind, solar and geothermal by 2020.
15 Sep 2009

California renewables push could drive up prices in Oregon

California's push to supersize its renewable energy standards could drive electricity rates higher for Northwest consumers, strain the west's transmission and hydroelectric systems, and create a host of thorny policy issues. The California Assembly passed a pair of bills Friday to create the nation's most aggressive renewable energy mandate. It would require utilities to meet one third of their customers' needs with green energy such as wind, solar and geothermal by 2020.
15 Sep 2009

Cape Wind claims don't fit the bill

Over the past year, we have read several op-eds and letters to the editor debating the true cost of Cape Wind. After eight years of controversy, the Cape Wind developer has failed to prove that his costly private venture won't raise our electric bills. The Alliance has asked Gov. Deval Patrick to order an independent cost analysis to get Massachusetts ratepayers some well-deserved answers to the looming Cape Wind cost question. In the absence of a formal cost analysis, we can look to Europe, California, and perhaps most importantly, Texas, for lessons learned.
14 Sep 2009

https://www.windaction.org/posts?location=USA&p=21&topic=Impact+on+Economy&type=Article
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