Lisa Linowes: U.S. Wind Energy Policy - Correcting the Abuse in 100 Days (Introduction)
Last month, treasury secretary nominee Steven Mnuchin told the Senate Finance Committee that he would retain and support the PTC phase-out but that might change once President Trump is made aware of the cost and true impacts of Big Wind.
During the month of February, we will be posting a series of articles that examine wind energy in the U.S. and offer specific recommendations that, if implemented by the new administration, will help reset priorities and ensure the interests of the American people come first.
These posts are not intended to present a long-term comprehensive exposé of federal wind energy policy. Rather, the focus will be on immediate steps to consider during the first one-hundred days of the Trump presidency.
The following briefly summarize some of the issues we will be examining in future posts:
Tax Reform and IRS Guidance. Trump’s plan to lower the corporate tax rate to below 20% will greatly reduce the tax equity market and lessen the incentive for investors to put their money into costly wind projects. We encourage tax reform to get underway as soon as possible, but before that happens, the administration should also review and revise the various IRS guidance notices governing the PTC “start construction” provision of .......................................
https://www.masterresource.org/wind-power-federal-laws/us-wind-poli...
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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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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/
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