Articles filed under Taxes & Subsidies from USA

Talks to center on area wind-farm PILOTs

The benefits that wind-farm operations could bring to Franklin County will be shared next week during talks on whether property taxes will be waived in favor of negotiated payments. The Franklin County Industrial Development Agency is bringing together the parties impacted by the wind-farm projects in the eastern portion of the county, called Noble Chateaugay Wind Park LLC and Noble Bellmont Wind Park LLC. The meeting, set for Wednesday at the IDA Office on Elm Street, will include the developer, Noble Environmental Power of Connecticut, and representatives from the Town of Bellmont, the Town of Chateaugay, Chateaugay Central School and IDA Executive Director Brad Jackson. Noble plans to build 72 towers in Chateaugay and 14 more in Bellmont on 8,623 acres south of Route 11 and east of Route 374.
21 Jun 2007

Dems suffer defeat on taxing big oil, renewable energy

Senate Democrats' efforts to impose $29 billion in taxes on oil companies as part of larger energy reform bill collapsed Thursday when they failed to break a Republican-led filibuster. Hours later a mandate that utilities get 15% of their energy from renewable resources by 2020, apparently also was out of the bill. Jude McCartin, spokeswoman for Sen. Jeff Bingaman, D-N.M., the provision's lead sponsor, said time to add the renewables provision had run out now that the overall bill was headed towards a final vote, expected late Friday. The provision had drawn opposition from Republicans who claimed it was tilted toward wind power and would hurt Southern states not suited for it. The Senate did approve a compromise deal on raising fuel economy standards late Thursday.
21 Jun 2007

The Senate Is Doing Exactly the Wrong Thing In The Energy Bill

This reminds me of the situation in the late 70's. The government had created an artificial energy shortage. To combat it they created a plethora of programs that did help. It took Ronald Reagan almost no time at all to fix the problem by getting the government out of the way of those people that are producing what you and I need. Instead the Senate is considering imposing a massive new tax which will be added to the fuel we buy AND the products we buy. And they'll be giving that money out in politically expedient but economically wasteful ways just like Jimmy Carter did. This is crazy. We have people that are professionals in the energy field and they are being shut out of the debate. Instead the Senate's listening to the tinkerbells who probably can't handle the self-service pumps at the gas station.
20 Jun 2007

Answer may not be blowing in the wind

We applaud any effort to offer incentives to increase the use of renewable and alternative energy sources to power Michigan. But we hope the 25-percent goal can be reached by offering incentives, not by issuing mandates. The cheapest source of energy in the United States is coal. For the time being, at least, renewable sources of energy are a more expensive alternative. It would not bode well for economic development in Michigan if the state had astronomical energy costs.
20 Jun 2007

Alternative energy package advances

A panel chaired by U.S. Sen. Max Baucus on Tuesday approved an energy-tax package designed to boost alternative energy production and conservation - partially at the expense of big oil-and-gas producers. "This is a significant victory in our efforts to become more energy independent," said Baucus, D-Mont., who chairs the Senate Finance Committee. "We have more to do to address climate change, lower gas prices at the pump and wean America off of foreign sources of energy." The Finance Committee approved the $28.5 billion, 10-year tax package, which is expected to become part of a larger energy bill before the U.S. Senate this week. The package includes tax credits to encourage production of wind power, solar power, gas-electric hybrid cars, biodiesel fuel and "cellulosic" ethanol, which is produced from agricultural waste products.
20 Jun 2007

Alternative energy package advances

A panel chaired by U.S. Sen. Max Baucus on Tuesday approved an energy-tax package designed to boost alternative energy production and conservation - partially at the expense of big oil-and-gas producers. "This is a significant victory in our efforts to become more energy independent," said Baucus, D-Mont., who chairs the Senate Finance Committee. "We have more to do to address climate change, lower gas prices at the pump and wean America off of foreign sources of energy." The Finance Committee approved the $28.5 billion, 10-year tax package, which is expected to become part of a larger energy bill before the U.S. Senate this week. The package includes tax credits to encourage production of wind power, solar power, gas-electric hybrid cars, biodiesel fuel and "cellulosic" ethanol, which is produced from agricultural waste products.
20 Jun 2007

Thune pushes wind energy incentives

Washington (AP) Senator John Thune is pushing provisions that would promote the development of wind energy as the Senate debates a new energy bill. The Senate today passed a Thune amendment that would promote the development of energy transmission infrastructure. It would promote the creation of "energy corridors" that would make it easier to transfer wind energy to high-demand areas. Thune says South Dakota already has the wind energy and that the missing link is the way to deliver the energy. Also today, the Senate Finance Committee passed energy legislation that would extend a production tax credit for wind energy. That bill will be added to the energy legislation being considered by the full Senate.
20 Jun 2007

Thune pushes wind energy incentives

Washington (AP) Senator John Thune is pushing provisions that would promote the development of wind energy as the Senate debates a new energy bill. The Senate today passed a Thune amendment that would promote the development of energy transmission infrastructure. It would promote the creation of "energy corridors" that would make it easier to transfer wind energy to high-demand areas. Thune says South Dakota already has the wind energy and that the missing link is the way to deliver the energy. Also today, the Senate Finance Committee passed energy legislation that would extend a production tax credit for wind energy. That bill will be added to the energy legislation being considered by the full Senate.
20 Jun 2007

No tilting at windmills in Penn Forest

Montemuro wants to build a 28-foot turbine to generate electricity for his store and for his home. He figures the turbine will cost about $30,000, but he expects to recoup that through electricity savings and a reimbursement from a state incentive program, such as the Pennsylvania Energy Development Authority, which encourages the use of alternative energy sources.
19 Jun 2007

Windmill tax break may be extended

A tax break that has helped spur the development of windmill farms in Washington state could be extended for five years as part of the new Senate energy bill, Sen. Maria Cantwell said Wednesday. But the ability to carry that power from turbines in some of the wind-swept regions of the Northwest to the customers who need it isn't part of the proposal at this time.
14 Jun 2007

Windmill tax break may be extended

A tax break that has helped spur the development of windmill farms in Washington state could be extended for five years as part of the new Senate energy bill, Sen. Maria Cantwell said Wednesday. But the ability to carry that power from turbines in some of the wind-swept regions of the Northwest to the customers who need it isn't part of the proposal at this time.
14 Jun 2007

Cities wary about investing in wind energy

LIVINGSTON - Some local governments in Montana are having second thoughts about entering the wind energy business despite the incentive of interest-free financing from the federal government. While some cities and counties remain enthusiastic about the idea, others are bailing out. Almost half remain uncommitted and the clock is ticking. The Park County Commission dropped out of the program this month, saying it involved too many unknowns. "It doesn't look like something we ought to hang our hat on right now," Commissioner Jim Durgan said. Similar sentiments reign in Carbon County.
12 Jun 2007

Where does our wind power money go?

This year Fort Collins Wind Power Program will hand over more than $1 million to Platte River Power Authority to help the city reach its goal of having 15 percent of its energy come from renewable sources by 2017. Of that money, some $366,000 will be used to purchase what are called renewable energy credits (RECs) from out-of-state projects that cannot-or will not-detail how the money is being used to help reach that goal. Without such accountability, it is unclear how Fort Collins' wind power dollars are helping to create new renewable energy, which is the ultimate goal of these credits.
6 Jun 2007

Wind industry advocating tax help, renewable standard

Aided by a tax break that helps keep costs in line with fossil fuels, the wind-energy industry has hummed in recent years, generating annual growth rates of 25 percent or more. Wind power, once the province of a few entrepreneurial executives looking for alternatives to coal and other "dirty" fuels, now churns out enough electricity to light 3 million homes. The American Wind Energy Association (AWEA) counts more than 1,000 members, including giant companies such as General Electric. Five years ago, the trade group had just a couple hundred members. Along with the industry's growth has come new lobbying muscle, which includes a traditional lobbying tool: a map of the United States scattered with dots representing the jobs the industry creates.
5 Jun 2007

Renewing renewables

The Democratic Congress is poised to pass the most green-friendly legislation in a generation. There are bills, either already on the floor or in committee, that would encourage the use of renewable fuels, improve energy efficiency and curb global warming. If there's a holdup, don't blame Republicans: Even President Bush has signaled his willingness to support some kinds of curbs in global warming. The hitch-and it's a big one-lies with the Democrats themselves. Earlier this year, in an attempt to rein in the federal deficit, House Democrats, put in place "pay-go" restrictions requiring any new entitlement spending or tax cuts to be offset by budget trims or tax increases.
4 Jun 2007

Idiot wind

Much of upstate New York, from north of Albany to Buffalo, from the Catskills to the Adirondacks, is in danger of being transformed beyond recognition by industrial wind parks. Some 50 of these wind parks are being planned and even built. All of this is being done in the name of clean energy and saving the planet. But it isn't clear that wind power is such a panacea in the battle against global warming that developers of these wind parks should be allowed to run roughshod over some of our loveliest land. What we need are statewide siting guidelines that take other environmental factors, including visual impacts, into consideration.
3 Jun 2007

https://www.windaction.org/posts?location=USA&p=99&topic=Taxes+%26+Subsidies&type=Article
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