Tax Bill Impact: What Happens to Renewable Energy?

The Base Erosion Anti-Abuse Tax (BEAT) provision would subject tax credits given to companies with operations overseas to a new, 100 percent tax. ...........The Senate voted early Saturday to approve a major overhaul of the U.S. tax code that critics say would decimate clean energy investments ...............................Larger challenges for clean energy lie in the House of Representatives' tax proposal, which passed in mid-November. That version takes a whack at a bundle of clean energy tax credits that were extended in 2015 in exchange for lifting a decades-old ban on crude oil exports.............The House proposal would also retroactively change the rules that dictate how wind developers qualify for credits. This change would mean that developers who started on wind projects that depended on the credits would, in effect, have to eat the costs or abandon the work......................

https://insideclimatenews.org/news/04122017/senate-tax-bill-renewab...

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Comment by Frank Haggerty on December 5, 2017 at 3:09pm

We all know about wind turbine torture. In Massachusetts residents complain of lack of sleep from the wind turbines. The lack of sleep is torture. 

The Massachusetts Department of Environmental Protection  Loan Agreement is an agreement between the Massachusetts Water Trust and the borrower pertaining to the MassDEP approved project cited in the Project Regulatory Agreement and the repayment evidenced by the bonds securing the loan.

What this means in the Massachusetts Department of Environmental Protection brokered wind turbine power production agreements with low-interest rates that ignored the health and safety of the very public they are supposed to protect 

This wind turbine agenda can be compared to World War II and the agenda of taking the rights of the minority for the majority 

Comment by arthur qwenk on December 5, 2017 at 1:18pm

Anything that inhibits subsidies will adversely impact this Fake Industry.

Comment by Jim Wiegand on December 5, 2017 at 11:52am

Anything that would be "devastating" for the big ass liars and tax thieves peddling their turbines, would be fabulous. 

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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We have the facts on our side. We have the truth on our side. All we need now is YOU.

“First they ignore you, then they laugh at you, then they fight you, then you win.”

 -- Mahatma Gandhi

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Vince Lombardi 

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