“Negative prices are not the goal of any healthy economy, yet the PTC fosters this behavior at the expense of other, reliable generation. Building more infrastructure to correct for this problem is exactly the wrong thing to do.”

The last extension of the federal production tax credit (PTC) [1], its eighth in over twenty years, expired at the end of 2013 and the industry is again clamoring for another extension. But this time, big wind is facing a more sophisticated argument advanced by critics who contend that the PTC is artificially depressing wholesale power prices, disrupting market signals and undercutting more reliable generation including Exelon’s fleet of nuclear power plants.

Wind for nuclear–and in a way that increases greenhouse gas emissions, or certainly fails to reduce it?  The irony for climate policy has been noted by James Hansen who was informed that renewable-energy subsidies were intended to “kill nuclear.” …

The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy & environmental policies. Our basic position is that technical matters like these should be addressed by using Real Science. It’s all spelled out at WiseEnergy.org, which is a wealth of energy and environmental resources.

A key element of AWED’s efforts is public education. Towards that end, every 3 weeks we put together a newsletter to balance what is found in the mainstream media about energy and environmental matters. We appreciate MasterResource for their assistance in publishing this information.?

—————————

Greed Energy Economics:

London School of Economics Property Value Study

Senate Committee Passes Bill With Two-Year PTC Extension

Renewal of Wind PTC Will Lead to a Big Boost in Carbon Emissions

Excellent Letter re US Wind Production Tax Credit (PTC)

Shale Gas Boom Leaves Wind Companies Seeking More Subsidy

Obama Administration tries to justify higher wind energy costs

Lomborg: How green policies hurt the poor

Bumpy road for Chinese renewable energy

Informed farmers coalition to educate farmers on wind turbine projects

A good video about renewable (wind) electricity prices

Turbines have an average gearbox life of between 5 and 13 years…

“Natural forces causing climate change such as solar sunspots, earth’s orbit changes, ocean currents, volcanoes, etc. are considered unimportant during this period of increased fossil-fuel-produced carbon dioxide (mid-20^th century to the present).  This is a serious distortion of the simple meaning of the term climate change.”

On March 31, the New York Times featured an article by Justin Gillis “Panel’s Warning on Climate Risk:  Worst is Yet to Come” that reported findings in the just released UN IPCC Working Group II report “Climate Change 2014:  Impacts, Adaption, and Vulnerability”.

The 44-page Summary For Policymakers defines climate change as follows:

Note that the Framework Convention on Climate Change (UNFCCC), in its Article 1, defines climate change as: “a change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability observed over comparable time periods.”

“As citizens, we need to call on our leaders to make thoughtful choices about where to site industrial-scale development and renewable energy projects, and to create a legacy for our national parks and to public lands everywhere.” – Mark Butler, “Saving the Mojave from the Solar Threat,” Los Angeles Times , March 25, 2014. “‘Soft’ energy sources are horribly land intensive…. The greenest possible strategy is to mine and to bury, to fly and to tunnel, to search high and low, where the life mostly isn’t, and to leave the edge, the space in the middle, living and green.” – Peter Huber, Hard Green; Saving the Environment from the Environmentalists (New York: Basic Books, 1999), pp. 107–108.

Hard-green energies (fossil fuels, uranium) have a major ecological advantage over politically-correct soft energy (wind, solar): less infrastructure requirement, including land. …