A Free-Market Energy Blog

Windpower Layoffs Making PTC Extension Increasingly Moot

By Robert Bradley Jr. -- September 6, 2012

“The spate of layoffs that wind industry advocates have warned about has accelerated in recent weeks, with workers losing their jobs in key wind states such as Iowa and Colorado in a trend expected to continue at least into next year.”

– Nick Juliano, “Wind Layoffs Mostly Hitting Constituents of PTC Supporters,” Greenwire, August 29, 2012.

Energy reality continues to set in for the government-dependent energy sector, industrial windpower. Part of the reckoning is economic–the increased competitive gap between electricity generated from natural gas versus wind. But the bigger part is the looming expiration of the Production Tax Credit (PTC) for wind. Twenty years of such political favor has not been enough for a product that is intermittent (read: sub-industrial grade).

As reported in Greenwire last week:

More than 2,200 jobs have been cut, are at risk or were never created, although an untold number more likely have been affected through cuts at smaller companies that may not have generated formal announcements.

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U.S. Public Interest Groups Fighting Windpower

By Mary Kay Barton -- September 5, 2012

The grassroots rebellion against the government-created industrial wind industry grows apace. MasterResource has given voice to a number of us engaged in this volunteer ecological fight, to which we are grateful.

Industrial Wind Action Group keeps a list of U.S., Canadian, and European groups challenging local wind projects or the unholy alliance of Big Wind and Big Environmentalism.

For the U.S., I count 156 organizations in 29 states: Arizona, Connecticut, Florida, Hawaii,  Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Texas, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

A listing follows (and please add any groups missed in the comments section to this post):

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Crony Capitalism in the U.S. Energy Industry: A Brief Review

By Robert Bradley Jr. -- September 4, 2012

Editor note: This post follows those of Walter Donway, who authored Crony Capitalism: Principles (Part 1) and Crony Capitalism: Practice (Part 2).

America’s energy industries (oil, gas, electricity) have been a bastion of crony capitalism for much of their history. Leading gas and electricity firms sponsored state and then federal public-utility regulation during the Progressive Era and New Deal. Like other so-called public utilities, they welcomed the prospect of making commission-approved “reasonable” profits in an entry-restricted environment rather than taking their chances in open-entry markets.

The U.S. coal industry also longed for federal aid. “The bituminous coal industry has been one of the most chaotic industries in the United States in recent years,” an Ohio University professor wrote in 1940. “Because of this lack of order it has recommended itself to the Nation as an industry urgently in need of social control and, as a result, it has come to serve as a significant laboratory for experiments in certain types of government regulation.”…

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Crony Capitalism: Practice (Part 2)

By Walter Donway -- September 1, 2012
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Crony Capitalism: Principles (Part I)

By Walter Donway -- August 31, 2012
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Environmentalism's Sword: Protectionism

By Josiah Neeley -- August 30, 2012
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ANWR: Let's Go!

By -- August 29, 2012
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“Not Cheap, Not ‘Green'” at the California Energy Commission

By Tom Tanton -- August 28, 2012
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“Renewable Energy: Not Cheap, Not ‘Green'” Turns 15

By Jon Boone -- August 27, 2012
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How the Federal Reserve Affects the Gold-Oil Relationship

By Vance Ginn -- August 24, 2012
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