Congresswoman Chellie Pingree: Tax Breaks Critical for Wind Energy

That’s critical tax credits for things like wind energy developers and people in our state who just need to know what their investments in the future are going to look like," Pingree says, "and this uncertainty is just bad for the business."

Pingree says tax policy should be established for at least several years to allow businesses and individuals to plan. 

http://news.mpbn.net/post/will-congress-tackle-tax-reform-2015-maybe

Perhaps a reporter should ask Congresswoman Pingree about the following:

Chellie Pingree's husband, largest media owner and political campaign contributor in Maine, incubated D.E. Shaw (Half owner of First Wind), largest wind developer in Maine and New England

http://www.windtaskforce.org/profiles/blogs/majority-owner-of-portl...

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Comment by Mary Kay Barton on January 3, 2015 at 8:09pm

The wind industry and their crony pals in government - like Chellie Pingree (and her wind industry-affiliated husband), are profiting BIG TIME off the WIND SCAM, while simultaneously pushing the taxpayer-funded wind subsidies that will line their own pockets. This is blatant conflict of interests and self-serving to the enth degree.  These people should be arrested, jailed and fined for perpetuating a FRAUD on American citizens, taxpayers & ratepayers.

Comment by Eric A. Tuttle on January 3, 2015 at 4:05pm

Tax Credits from the Feds, Tax Credits from the State, TIF's from Counties, TIF's from communities.

All levels should be Abolished.... Either an Industry can stand on its own, through its investors who reap the profit and its merits or it can not. Tax Incentives are but robbing those that can not afford to invest or are denied the ability otherwise, as a "direct forced investment" "without a chance direct return" and no known investor when borrowing it into the future. There is no accountability by those present, when they are gone,  to those in the future, who have to deal with the outcome.  

Comment by Gary Campbell on January 3, 2015 at 3:32pm

I agree with Pingree on one thing: "tax policy SHOULD be established for at least several years".

Like how about we abolish the PTC/ITC for wind PERMANENTLY?

Comment by Eric A. Tuttle on January 3, 2015 at 3:08pm

They did not come begging.......... We (or our Elected officials) stupidly tempted them with offers. Through fear. Instead of finding ways to reduce our energy consumption, with efficiency, encouraging that end of the spectrum of our accumulated knowledges and preventing though law, the stonewalling of new technologies from coming to light and implemented, we allow it (energy consumption growth) to continue. I am surprised that current day technology exists at all, given the corporate, political & social mentality of today existed back when this nation formed. They promoted advances, that benefited society. Today we take what is provided by those that control, for their profit. They will only release the new technology (stored away from view or use) when no other profits can be made from their current practice, however they will still remain in control. They hide behind politically (or court rulings) create laws (to their benefit) to prevent their requirement to release what technology is available that keeps this cycle going.

It is time to say " No more Abuse " Domestic, Corporate or Political......... 

Comment by Penny Gray on January 3, 2015 at 1:55pm

How ludicrous, really, considering that these wind energy developers begging for tax credits (and siphoning enormous quantities of tax payer dollars) are building these projects on behalf of large corporations so that they can avoid having to pay US taxes on their huge profits.  Even Monsanto has joined the game.

Comment by Eric A. Tuttle on January 3, 2015 at 1:21pm

While that reporter (if honest and sincere (wanting to become another Walter Cronkite or Ed Murrow e.g.)) is asking, maybe starting investigations into:

Anti Trust? RICO? Conflict of Interest? Political Influence? Misappropriation of Taxpayer funds? Sale of a publicly owned asset without authorization from the Legislature? Whether obvious or not.

$$$ is the Religion of Corporations, and the False Prophet of Politicians. Though the sins of both are bestowed upon those they enslave or serve. 

Comment by Robert Goldman on January 3, 2015 at 12:56pm
Yeh, I heard Pingree say this BS on air and wondered how she could be such a persistent liar about industrial wind. It's all about money, not real facts and science. What a pathetic system where so many people can lie about something so significant with such profound consequences for large scale, fragile ecosystems, for our economic health, for our future. Where is the massive lawsuit to get this all out in the open?
Comment by Art Brigades on January 3, 2015 at 12:40pm

The wind "developers" had plenty of time to "plan." They had zero "uncertainty."  They knew two decades ago that the PTC was temporary, a mere set of training wheels that would quickly come off.  Through mouthpieces like Ms. Pingree, they sound like college-aged kids whining that their parents won't change their diapers any longer. 

Comment by Dan McKay on January 3, 2015 at 12:40pm

Wind producers can readily turn wind turbines on and off, but have no incentive to do so because they still receive positive margins during negative price hours due to the PTC subsidy they earn when they generate. They have no incentive to curtail their output – which, absent the PTC, would be in their economic interest. The failure of wind generators to curtail output when wholesale prices approach zero has both short term and long term negative consequences. In the short term, the failure of wind producers to curtail output makes it more difficult for system operators to maintain reliability, and also makes it more costly for them to operate the regional electric grid.

http://graphics8.nytimes.com/news/business/exelon.pdf

Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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