Comments - Pingree and Golden renege on ending the wind PTC at the end of this year - Citizens' Task Force on Wind Power - Maine2024-03-29T12:48:43Zhttps://www.windtaskforce.org/profiles/comment/feed?attachedTo=4401701%3ABlogPost%3A164805&xn_auth=noExcellent points Willem, many…tag:www.windtaskforce.org,2019-04-07:4401701:Comment:1647312019-04-07T22:56:56.340ZStephen Littlefieldhttps://www.windtaskforce.org/profile/StephenLittlefield
<p>Excellent points Willem, many I've made elsewhere, many I wish I'd made! Thank You for all your relevant information!</p>
<p>Excellent points Willem, many I've made elsewhere, many I wish I'd made! Thank You for all your relevant information!</p> Those two fools know nothing…tag:www.windtaskforce.org,2019-04-07:4401701:Comment:1649112019-04-07T22:40:16.557ZWillem Posthttps://www.windtaskforce.org/profile/WillemPost942
<p>Those two fools know nothing about analyzing energy systems and spout whatever lobbyists give them for talking points to delude/deceive already-struggling Joe and Jane Worker in Maine’s near zero growth economy.</p>
<p>They want to destroy the pristine ridgelines of Maine to put up 400 ft tall wind turbines that will in no way do anything regarding global warming, but that will line their pockets with campaign contributions, aka bribes, and the pockets of multi millionaires with tax…</p>
<p>Those two fools know nothing about analyzing energy systems and spout whatever lobbyists give them for talking points to delude/deceive already-struggling Joe and Jane Worker in Maine’s near zero growth economy.</p>
<p>They want to destroy the pristine ridgelines of Maine to put up 400 ft tall wind turbines that will in no way do anything regarding global warming, but that will line their pockets with campaign contributions, aka bribes, and the pockets of multi millionaires with tax shelters.</p>
<p>Those wind turbines use millions of tons of strategic rare earth metals from China, which has 60% of the world market.</p>
<p>Do they not know damaging the ecosystems of a forest will degrade its ability to sequester CO2?</p>
<p>What will provide the peaking, filling in and balancing services, 24/7/365, if gas turbine plants are shut down and variable, intermittent wind and solar, dependent on NE’s mediocre winds and sunshine, become the dominant electricity sources on thé NE grid and nearby grids?</p>
<p>What happens during 5 to 7 day wind/solar lulls, which occur at random throughout the year?</p>
<p>Would they use massive 500,000 MWh battery systems, at a turnkey cost of $400/kWh, and that would last about 15 years?</p>
<p>The insanity of it all only exists because of the grossly excessive, direct and indirect subsidies, and these two want even more subsidies.</p>
<p>People by the tens of thousands need to start wearing yellow vests and march to the state house to demonstrate against wind turbines, and environmental destruction, before it is too late.</p> Please read this section.
You…tag:www.windtaskforce.org,2019-04-05:4401701:Comment:1648302019-04-05T17:06:19.746ZWillem Posthttps://www.windtaskforce.org/profile/WillemPost942
<p>Please read this section.</p>
<p>You will learn how the Wall Street types benefit from the RE subsidy bonanza.</p>
<p>Wall Street and its paid RE sycophants will fight tooth and nail to maintain their profitable status quo.</p>
<p>They will give bribe money and study grants to whomever is spouting the right mantras to keep their party going.</p>
<p>The rest of US will be made to suffer/are collateral damage, until this hoax finally runs its wasteful course/dies…</p>
<p>Please read this section.</p>
<p>You will learn how the Wall Street types benefit from the RE subsidy bonanza.</p>
<p>Wall Street and its paid RE sycophants will fight tooth and nail to maintain their profitable status quo.</p>
<p>They will give bribe money and study grants to whomever is spouting the right mantras to keep their party going.</p>
<p>The rest of US will be made to suffer/are collateral damage, until this hoax finally runs its wasteful course/dies out.</p>
<p></p>
<p><strong>WIND AND SOLAR SUBSIDIES WOULD PROVIDE A BONANZA FOR WALL STREET</strong></p>
<p><strong> </strong></p>
<p>This URL shows wind and solar prices per kWh would be at least 45% to 55% higher without subsidies, and they would be even higher, if the costs of other items were properly allocated to the owners of wind and solar projects. See below section High Levels of Wind and Solar Require Energy Storage.</p>
<p><a rel="nofollow" href="http://www.windtaskforce.org/profiles/blogs/economics-of-tesla-powerpack-and-powerwall-systems">http://www.windtaskforce.org/profiles/blogs/economics-of-tesla-powe...</a></p>
<p> </p>
<p>This URL shows about 2/3 of the financial value of a wind project is due to <strong>direct and indirect </strong>subsidies, and the other 1/3 is due to electricity sales.</p>
<p><a rel="nofollow" href="http://johnrsweet.com/Personal/Wind/PDF/Schleede-BigMoney-20050414.pdf">http://johnrsweet.com/Personal/Wind/PDF/Schleede-BigMoney-20050414.pdf</a></p>
<p> </p>
<p>An owner of a wind and solar project, looking to shelter taxable income from other businesses, is allowed to depreciate in 6 years almost the entire cost of a wind and solar project under the IRS scheme called Modified Accelerated Cost Recovery System, MARCS; the normal period for other forms of utility depreciation is about 20 years</p>
<p> </p>
<p>Then, with help of Wall Street financial wizardry from financial tax shelter advisers, such as BNEF*, JPMorgan, etc., the owner sells the project to a new owner who is allowed to depreciate almost his entire cost all over again.</p>
<p> </p>
<p>The loss of tax revenues to federal and state governments due to MARCS is estimated by the IRS at $266 billion for the 5-y period of 2017 - 2021, about $53.2 billion/y; the IRS is required to annually provide a 5-yr running estimate to Congress, by law. This <strong>indirect</strong> largesse is in addition to total of <strong>direct </strong>federal and state subsidies to such projects of about $25 billion/y.</p>
<p> </p>
<p>* BNEF is Bloomberg New Energy Finance, owned by the pro-RE former Mayor Bloomberg of New York, which provides financial services to the wealthy of the world, including providing them with tax avoidance schemes.</p>
<p> </p>
<p><a rel="nofollow" href="https://www.nrel.gov/docs/fy17osti/68227.pdf">https://www.nrel.gov/docs/fy17osti/68227.pdf</a></p>
<p><a rel="nofollow" href="https://www.greentechmedia.com/articles/read/tax-equity-investors-break-their-silence-on-tax-bill#gs.GDbC2YIS">https://www.greentechmedia.com/articles/read/tax-equity-investors-b...</a></p>
<p><strong> </strong></p>
<p><strong>Warren Buffett quote:</strong> "I will do anything that is basically covered by the law to reduce Berkshire's tax rate," Buffet told an audience in Omaha, Nebraska recently. "For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit." </p> Sorry about the Pingree email…tag:www.windtaskforce.org,2019-04-05:4401701:Comment:1648262019-04-05T15:45:27.355ZLong Islanderhttps://www.windtaskforce.org/profile/LongIslander
<p>Sorry about the Pingree email link which expired. I've since updated it above. Thank you Donna.</p>
<p>Sorry about the Pingree email link which expired. I've since updated it above. Thank you Donna.</p> This is what I wrote not so g…tag:www.windtaskforce.org,2019-04-05:4401701:Comment:1646882019-04-05T15:41:16.466ZDonna Amrita Davidgehttps://www.windtaskforce.org/profile/DonnaAmritaDavidge
<p>This is what I wrote not so golden jared- the weblink for pingree did not work for me too bd she would have received the same message</p>
<p>Shame on you for wanting to extend the PTC for the lying cheating harmful wind industry that are involved in greed not green energy- many Mainers lives have been ruined as well as forests destroyed, friends and families divide and wildlife harmed or killed. Made of fiberglass, run on oil these things are the ultimate scam.</p>
<p>This is what I wrote not so golden jared- the weblink for pingree did not work for me too bd she would have received the same message</p>
<p>Shame on you for wanting to extend the PTC for the lying cheating harmful wind industry that are involved in greed not green energy- many Mainers lives have been ruined as well as forests destroyed, friends and families divide and wildlife harmed or killed. Made of fiberglass, run on oil these things are the ultimate scam.</p> They have to LINE THE POCKETS…tag:www.windtaskforce.org,2019-04-05:4401701:Comment:1648112019-04-05T15:39:34.587ZJohn F. Husseyhttps://www.windtaskforce.org/profile/JohnFHussey
<p>They have to LINE THE POCKETS OF THEIR DONERS!</p>
<p>They have to LINE THE POCKETS OF THEIR DONERS!</p> I expected NO Less from eithe…tag:www.windtaskforce.org,2019-04-05:4401701:Comment:1645882019-04-05T15:36:28.459ZEric A. Tuttlehttps://www.windtaskforce.org/profile/EricATuttle
<p>I expected NO Less from either of them. Maybe that is why I would never vote for either. </p>
<p>I expected NO Less from either of them. Maybe that is why I would never vote for either. </p>