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Showing Original Post only (View all)The goal was to make wind politically "toxic,"... [View all]
http://www.sierraclub.org/sierra/201303/wind-power-turbine-technology-tax-credit.aspxAS 2012 DREW TO A CLOSE, congressional Republicans were spurning bipartisan appeals from wind states and refusing to extend federal incentives for wind power, which were set to expire at the end of the year. Only in January's emergency "fiscal cliff" legislation was the renewable-energy production tax credit extended for a single year, giving wind developers a 2.2-cent tax cut for 10 years for every kilowatt-hour of power produced.
But by then the damage had been done. The months of uncertainty had spooked investors, leading to thousands of layoffs, factory slow-downs and closures, and a grinding halt in new wind farm projects. Consequently, the boom year of 2012, which saw an estimated 12 gigawatts come onlinemore new capacity than from any other energy source in the countrywill be followed by a much slower wind year in 2013, as it will take six to nine months just to rehire, retool, and renew construction permits, according to the American Wind Energy Association.
The push by congressional Republicans to kill the tax credit was backed by a nationwide anti-wind campaignrife with discredited health, environmental, and economic claimsfrom an array of opposition groups, notably ones supported by billionaire oilmen Charles and David Koch. The goal was to make wind politically "toxic," according to the Koch brothers-linked American Energy Alliance. Their main argument: Wind is too costly and should compete on a "level playing field" rather than survive on "handouts."
But by then the damage had been done. The months of uncertainty had spooked investors, leading to thousands of layoffs, factory slow-downs and closures, and a grinding halt in new wind farm projects. Consequently, the boom year of 2012, which saw an estimated 12 gigawatts come onlinemore new capacity than from any other energy source in the countrywill be followed by a much slower wind year in 2013, as it will take six to nine months just to rehire, retool, and renew construction permits, according to the American Wind Energy Association.
The push by congressional Republicans to kill the tax credit was backed by a nationwide anti-wind campaignrife with discredited health, environmental, and economic claimsfrom an array of opposition groups, notably ones supported by billionaire oilmen Charles and David Koch. The goal was to make wind politically "toxic," according to the Koch brothers-linked American Energy Alliance. Their main argument: Wind is too costly and should compete on a "level playing field" rather than survive on "handouts."
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Including, even many of them don't realize it, most of our resident climate doomers. n/t
AverageJoe90
May 2013
#62
The same people who claim this malarky will also say climate chage is a hoax.
MindPilot
May 2013
#79
Deducting operating expenses and depreciating equipment and wells is not a subsidy
badtoworse
May 2013
#48
Would it have made a difference if I cited the Energy Information Administration?
badtoworse
May 2013
#93
there are plenty of direct and indirect tax breaks and subsidies for oil & gas; the link i
HiPointDem
May 2013
#96
the link took you to the results of a google search for gas subsidies. the natural gas industry
HiPointDem
May 2013
#98