“‘Green’ to ‘nongreen’ cost-shifting is legal under current laws and regulations. Whether the actions of the purchasers — not to mention the promotion of the schemes by DOE, EPA and NREL officials — is morally acceptable is a separate question.”
I received this notice from the Green Power Network regarding a “free” webinar from the Office of Energy Efficiency & Renewable Energy (US Department of Energy), to be held February 24, 2016:
…More than 60 universities have used solar power purchase agreements (PPAs) to deploy more than 100 megawatts of solar PV on campuses around the country. This webinar is intended for university financial planners and other stakeholders who are assessing the financial aspects of deploying solar. The speakers will provide an overview of how universities are using PPAs and key PPA components.
“The April 3rd action by the Senate Finance Committee certainly helps explain why a recent Gallup Survey shows that Congress currently has a 13% favorability rating. If the nation’s ‘Millennials’ understand how the Congress is adding to the debt that they and their children will bear, they may assign an even lower rating!”
The Senate Finance Committee that manages to make life miserable for millions of tax-paying Americans with its manipulation of the U.S. Tax Code. The Committee’s latest aids its friends, punish ordinary taxpayers, and loads another $85 billion in debt on our children and grandchildren.
On April 3, 2014, by “voice” (no fingerprints) vote, the Senate Finance Committee reported out an $85 billion tax break ”extender” bill — which the Committee calls the “EXPIRE Act.” [1] The bill includes billions in unwarranted tax breaks for special interests, including the wind industry.…
[Editor note: This is the final excerpt of a January 15 letter by Mr. Schleede to the Senate Finance Committee concerning the Baucus tax-reform proposal (December 18, 2013). Part I reprinted the executive summary and conclusions; Part II the high cost/low value of windpower. Part III the negative environmental effects of continued subsidization of windpower, including the “cleanliness” standard of the Baucus proposal.]
“Tax breaks and subsidies for wind transfer wealth from ordinary taxpayers and electric customers to “wind farm” owners, electric customers in some states, and the voluntary purchasers of high cost electricity from wind.”
During the past 20 years, a variety of tax breaks and special subsidies for the wind industry have had massive wealth transfer impacts. The proposed production tax credit (PTC) and investment tax credit (ITC) would extend such impact for years into the future.…