Exelon, a huge utility with the largest fleet of nuclear plants in the U.S. is trying to extort increased subsidies from ratepayers and taxpayers in Illinois, threatening to close three[…]
Tagged: wind power
Anyone who travels across this country or lives near the vicinity of wind farms can describe the increasing industrial blight wind farms impose on previously unmarred vistas and formerly wild, undeveloped locales.
Former Oklahoma 7-term Congressman Ernest Istook is leading the charge against a renewal of the wind-power production tax credit which under which the federal government pays wind power producers 2.3 cents per kilowatt hour. Even with this subsidy, wind power is more expensive than traditional fossil fuel power plants.
Wind energy produces costly, intermittent, unpredictable electricity. But Government subsidies and mandates have encouraged a massive gamble on wind investments in Australia – over $7 billion has already been spent and another $30 billion is proposed. This expenditure is justified by the claim that by using wind energy there will be less carbon dioxide emitted to the atmosphere which will help to prevent dangerous global warming.
Panel 8 of the 9th International Conference on Climate Change was on the subject of “Costs and Benefits of Renewable Energy.” The panel was focused on the subject of renewable energy, specifically the high cost and potentially devastating economic consequences produced by the federal government’s efforts to replace the current energy sources with renewables.
The states that will get hurt the most by this new EPA rule are red states for the most part, if not entirely. Most blue states won’t feel a thing. And – boy oh boy – those windmill manufacturers must be dancing in the streets!
With the growing story coming out of Ukraine, the ongoing search for the missing Malaysian jet, the intensifying Nevada cattle battle, and the new announcement about the additional Keystone pipeline delay, little attention is being paid to the Production Tax Credit (PTC) for wind energy—or any of the other fifty lapsed tax breaks the Senate Finance Committee approved earlier this month. But, despite the low news profile, the gears of government continue to grind up taxpayer dollars.
If Leslie Stahl of ’60 Minutes’ had read the entire list of Obama-backed taxpayer-funded green-energy projects that have gone bust—let alone those that are circling the drain, she would have truly been fatigued.
Solar electricity is growing, promoted, and most importantly, heavily subsidized. The promoters of solar electricity claim that it is close to being competitive with conventional sources of electricity. That is a fantasy.
Scientists at the forefront of global warming activism published an open letter encouraging their fellow warmists to embrace safe nuclear power as a means of reducing carbon dioxide emissions. If environmental activist groups honestly believe humans are causing a global warming crisis, they will eagerly join in support.
The North Carolina House Commerce and Job Development Subcommittee on Energy and Emerging Markets narrowly passed a bill Wednesday that would slowly reduce and ultimately end the state’s renewable portfolio[…]