Must read: Windonomics: 57x the profit of hydrocarbon fuel electricity courtesy of YOU the taxpayer & ratepayer

EXCERPT:

1 kilowatt of windmill electricity produces 57x the profit of 1 kilowatt of hydrocarbon fuel electricity.

The extraordinary and outsized economics of green energy are consistent with an arcane scheme. It is originated by government mandates forcing all electric customers to pay for nothing except for the transfer of wealth to the "chosen winners" of the high priests of Green Energy Ideology.  Getting chosen to own a windmill is an economic gift of unprecedented proportions. And it will last as long as the "wind blows"! The Green Energy elites are profiting at the expense of all electricity users. They must do everything possible to prevent "we the people" from ever discovering how they make all their money. 

http://nlpc.org/stories/2014/05/21/how-warren-buffet-fleeces-consum...

Poster's note: The calculations in this article are many and it seems that the writer needed to make a certain number of assumptions. To understand the potential light these calculations and assumptions may or may not be shedding on MAINE "Windonomics" or perhaps "Reconomics" this may take a careful read or two. Under the heading of "where there's smoke there's fire", it would seem that investing the energy to understand the potential relevance to Maine, might be well worth your effort.

When rural Mainers' health and dreams are turned upside down, our core natural essence defiled, our electricity transmission rates increased by 19.6% overnight with far more to come, promised permanent green jobs exposed as essentially non-existent, the little man's tax and electricity money gone to make the wildly wealthy yet wealthier...and all Maine gets is an annual barbeque for a snowmobile club and perhaps a new firetruck, it is well past time for the walls to be brought crashing in on these looters of the little man and all we hold dear.

Occupy Wind Street.

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May 20, 2014

Warren Buffett can do without a tax break for wind energy

EXCERPTS:

Does the “Oracle of Omaha” really need another tax break? It’s a fair question, given the way billionaire Warren Buffet made headlines several years ago with his complaints that his secretary paid more in taxes to the federal government than he did.

Buffet is big on big wind because it helps reduce the corporate tax liability of some companies. “On wind energy we get a tax credit if we build a lot of wind farms,” the billionaire Democrat recently told a Nebraska audience. “That’s the only reason to build them. They don’t make sense without the tax credit.”

Everywhere you look, the market is giving signals that wind energy is an economically-specious idea. In order to move ahead with these projects, especially the offshore wind farms that are the latest rage, business is asking for tax breaks, subsidies and federal loan guarantees. They understand that without them the math doesn’t work – so why don’t the politicians in Washington?

Much more here:

http://www.usnews.com/opinion/blogs/peter-roff/2014/05/20/warren-bu...

ALSO, please see:


Ed Markey, lawmakers rake in Cape Wind dollars


bh_May202014_A005-2.jpg

Cape Wind executives and lobbyists have poured hundreds of thousands of dollars since last year into the campaign coffers of key lawmakers — including more than $50,000 to U.S. Sen. Edward J. Markey — as developers of the controversial offshore wind farm seek nearly $1.3 billion in federal cash and loan guarantees, a Herald review found.

Lawmakers serving on committees overseeing energy and environmental policy and budgets got the bulk of the donations from those with ties to Cape Wind, the $2.6 billion project to install 130 wind turbines in Nantucket Sound, the review found.

http://bostonherald.com/news_opinion/local_politics/2014/05/ed_mark...

Views: 325

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Comment by Martha thacker on May 22, 2014 at 3:39pm

Sad to see the proud names of Udall and Kennedy tarnished.

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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Sign up today and lend your voice and presence to the steadily rising tide that will soon sweep the scourge of useless and wretched turbines from our beloved Maine countryside. For many of us, our little pieces of paradise have been hard won. Did the carpetbaggers think they could simply steal them from us?

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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