Posts tagged: Production Tax Credit

Let the Wind Subsidy Blow Away

What’s known as the wind production tax credit has long outlived any public policy usefulness. Lawmakers now being urged by industry lobbyists to renew the subsidy retroactively instead should let it blow away. We say this with no animus toward the bucolic concept of wind energy, whose clean-and-green image is to electrical generation what puppies […]

Blown away

The effervescence of the wind industry last year, however, was partly because the main federal tax credit for wind power was going to expire in December, and companies raced to qualify before the deadline. The Production Tax Credit (PTC) gave producers 2.2 cents per kilowatt-hour for electricity generated during the first ten years of a […]

Wind-Power Subsidies? No Thanks.

The sequester has led to dire warnings from many camps, including advocates of clean energy, who argue that Washington’s modest cuts could derail America’s green future. But from my vantage as a CEO in the wind-power business, the sequester offers Washington a rare opportunity to roll back misguided subsidies and maybe help reverse wind power’s […]

A Green Nightmare

On the morning of Jan. 5, workers with a fleet of heavy equipment mounted a stealth assault on a bald eagle’s nest near the shore of Lake Erie. Their mission was to remove the nest – one of only a few dozen bald eagle nests in Southern Ontario – to make way for an access […]

Wind Turbines vs. Wildlife

“Every year in Spain alone — according to research by the conservation group SEO/Birdlife — between 6 and 18 million birds and bats are killed by wind farms. They kill roughly twice as many bats as birds. This breaks down as approximately 110–330 birds per turbine per year and 200–670 bats per year. And these […]

America’s Most Favored Industry

In the history of American business, it’s difficult to find an industry that has enjoyed more political favoritism than the wind-energy sector now enjoys. The wind industry gets subsidies, mandates, and a de facto exemption from prosecution under some of America’s oldest wildlife laws. And the wind-energy lobby is doing all it can to make […]

End The Wind PTC And Business-Government Cronyism – OpEd

New York State and US wind power is an expensive, ecologically harmful scam As the Batavia Daily News observed recently, Invenergy is eagerly waiting for this “Lame Duck” Congress to extend the decades-old federal Production Tax Credit (PTC) for industrial wind facilities. Meanwhile, thousands of local tax- and rate-paying citizens are eagerly awaiting the expiration […]

Wednesday December 12th, 2012 in , , , , , , | Comments Off on End The Wind PTC And Business-Government Cronyism – OpEd