[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]



LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Group lobbies against wind energy credits  

Credit:  Submitted by Friends of Searchlight Desert and Mountains | Elko Daily Free Press | January 2, 2012 | elkodaily.com ~~

More than 40 Nevada residents have joined nearly 6,500 citizens in 25 states in signing letters urging Congress to oppose any extension of the wind energy production tax credit (”PTC”) due to expire at the end of this year. More than 200 U.S. Senators and members of Congress received the letter.

“We are very much aware that Congress is under pressure from the recipients of these subsidies to renew the PTC. We are asking our elected representatives to resist that pressure and let the PTC end on schedule,” said Judy Bundorf, who coordinated the letter campaign in Nevada. “Renewing the PTC would cost billions that our nation simply cannot afford, without any material benefit to the economy.”

It has been evident for years that government support for wind energy development is very costly, and has utterly failed to establish industrial-scale wind as a self-sustaining contributor to meeting our energy needs.

These letters emphasize that since the PTC was first introduced in 1992, the federal government has provided $40 billion to the industrial wind energy industry in tax credits and cash grants, with these costs increasing dramatically in recent years. This government money which is drawn from other taxpayers and, of course, borrowed in domestic and international government bond markets, exacerbates the already-excessive cost of wind energy to consumers and the public. Policies in many states now compel utilities to use renewable energy at prices significantly above market price and, in addition, provide extensive local tax breaks.

“Like so many communities across the United States, Nevada residents are being forced to defend against the permanent impacts of these enormous projects on our environment and quality of life,” Bundorf said, adding that “the high cost of Nevada wind power easily exceeds the economic benefits touted by proponents and, thus, serves as a drain on our overall economy.”

“There is no plausible justification for continuing this spending, and certainly not when the nation is facing the huge debt and deficits prevailing today,” the group wrote.

Source:  Submitted by Friends of Searchlight Desert and Mountains | Elko Daily Free Press | January 2, 2012 | elkodaily.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

Wind Watch on Facebook

Follow Wind Watch on Twitter