Search Results for: "wind"
Relevance | DateEPA's Flawed Science: From Pretense of Knowledge to Fatal Conceit
By Kathleen Hartnett White -- June 5, 2012 11 Comments“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions … adaptation to the unknown can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order. Yet that decentralization actually leads to more information being taken into account.”
– F. A. Hayek, The Fatal Conceit: The Errors of Socialism (1988), p. 76
Whenever the U.S. Environmental Protection Agency (EPA) is confronted with evidence that its proposed regulations will kill jobs, risk blackouts, or otherwise harm economic growth, it typically seeks refuge in its own estimates of the amazing public health benefits the proposal will have.…
Continue ReadingDear Senator Warner (D-Va.): PTC a Loser All Around
By Glenn Schleede -- June 4, 2012 2 CommentsDear Honorable Mark R. Warner:
I have great respect for your knowledge of information technology. But, with all due respect, sir, your May 24, 2012, response to my request that you oppose extension of the federal Production Tax Credit (PTC) shows a serious lack of understanding of wind energy, energy markets, and energy research & development.
The people of [your] Virginia are fortunate that the Menendez bill (S.2204) failed. Your support for that bill was ill-advised and contrary to the interests of Virginia’s taxpayers and energy users.
You appear not to understand that the wind PTC, a tax shelter, results in shifting tax burden from “wind farm” owners and developers to ordinary tax payers and/or results in more debt that will have to be paid by our children and grandchildren. Furthermore, “wind farms” are being built primarily because of the Production Tax Credit, NOT because of their true environmental, energy or economic benefits.…
Continue ReadingTexas's Solyndra: Will CREZ Launch Cruz to the U.S. Senate? ($7 billion wind transmission project a defining intra-Republican issue)
By Robert Bradley Jr. -- June 1, 2012 6 Comments“The state’s Public Utility Commission, or PUC, approved the CREZ concept in 2008 in response to a directive [mandate] from the [Texas] Legislature in 2005.”
– Kate Galbraith, “Texas’ Wind Transmission Project Keeps Rolling,” The Texas Tribune, September 8, 2010
“Lt. Governor David Dewhurst was the largest recipient of [CREZ] contractor funds with $419,250 from January 2005 through February 2010. …. The CREZ project has turned out to be a money-making opportunity for many politicians and companies.”
– Dan Byfield, “The Politics of Transmission Lines.” San Angelo Standard Times, June 29, 2010.
A political fight of national import is on in Texas for the U.S. Senate between Tea Party favorite Ted Cruz and Republican-establishment favorite David Dewhurst. Voting this week has put these two in a runoff come July 31st for the Republican nomination.…
Continue ReadingNew York's RPS: High-cost, Ineffectual, and Antienvironmental (30% goal perils)
By Lisa Linowes -- May 31, 2012 4 Comments“Ultimately, New York’s RPS will cost ratepayers billions of dollars to support the construction of new generation. And if the state continues to rely on wind as the dominate resource, more turbines will be necessary to make up for low capacity factors. The program is up for review again in 2013. It’s time for the PSC to remove the rose-colored glasses and acknowledge the program for what it is: Regulatory Capture at its finest.“
Tens of thousands of acres across New York State have been transformed into sprawling electric generating facilities. Specifically, some 18 industrial wind complexes house nearly 1,000 towering wind turbines that consume the landscape and threaten otherwise pristine communities.
Now, consider that another 1,500 giant towers will need to be erected by 2015 in order to satisfy the state’s 30% renewable energy mandate.…
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