Eliminate

the

Wind Production Tax Credit

The wind tax credit provides financial support for wind generation and is the major federal-level policy artificially sustaining the industry. There is no convincing case for encouraging the production of costly and unreliable wind generation by giving it a tax credit. The cost of abating carbon using wind energy is high relative to alternatives and distorting investment in generation capacity erodes productivity as well as slowing job creation and growth.

The myth of generous subsidies for fossil fuels is used by the industry as a foil to shift attention from the scale of the tax credit. The Energy Information Administration’s most recent examination of direct federal support to the energy sector found that renewable generation received fully $15 billion out of over $29 billion in total taxpayer largesse in 2013, the bulk of which flowed to wind, solar and biofuels. Financial support for coal, by comparison, was just over $1 billion, even though coal contributes twice as much generation capacity.

► Source ◄

The EIA’s report excludes the myriad state-level schemes that support renewable generation, including the hidden subsidies embedded in the renewable portfolio standard (RPS) mandates that exist across 29 states and in the District of Columbia. The RPS programs dictate that energy retailers must arbitrarily source selected percentages of their electricity from renewable generation by specific dates. Their effect is to force high-cost renewable energy into the grid and raise electricity prices. Entirely retrograde for the purpose of accountability, payments to renewable generators under the RPS schemes are given the seemingly benign nomenclature, “certificates,” to hide both the corporate welfare they deliver to renewable energy manufacturers and the higher electricity prices paid by consumers.

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Comment by Eric A. Tuttle on December 11, 2017 at 11:08am
Comment by Eric A. Tuttle on December 11, 2017 at 10:55am

Maine power sources: Map of power sources, transmission lines and Information by clicking each Icon on the map. Wind, hydro, biomass. https://www.eia.gov/state/?sid=ME

Comment by Long Islander on December 11, 2017 at 10:50am

Stop the Production Tax Credit for Industrial Wind

https://www.gopetition.com/petitions/stop-the-production-tax-credit...

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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 -- Mahatma Gandhi

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Vince Lombardi 

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