“The costs of the PTC overwhelmingly outweigh the benefits. Lawmakers should prioritize American households over wind industry lobbyists.”
– Institute for Energy Research, The Case Against the Wind Tax Credit, November 24, 2014.
Last week, the American Energy Alliance (AEA), the advocacy arm of the Institute for Energy Research, began a grassroots initiative to engage lawmakers about the need to reject attempts to revive the wind Production Tax Credit (PTC), “a decades-old subsidy that props up the wind industry and lines the pockets of wealthy investors at the expense of the American taxpayer.”
The call-to-action via digital and social media advertisements involves nine states: Kentucky, Ohio, West Virginia, Wisconsin, Texas, North Carolina, Utah, California, and Louisiana.
“President Obama said his policies were on the ballot this November and the American people rejected them,” stated Tom Pyle, AEA President.…
Continue ReadingThe 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.
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Greed Energy Economics:
The Appalling Truth About Energy Subsidies
How Green Energy Fleeces Consumers
AFP to Congress: Do Not Extend Wind PTC
Veto threat derails Reid tax (& PTC) deal
Wind Tax Credit (PTC) Attacked as U.S.…
Continue ReadingThis time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new start in Plymouth, Massachusetts. What is less appreciated is that Thanksgiving also is a celebration of the birth of free enterprise in America.
The English Puritans, who left Great Britain and sailed across the Atlantic on the Mayflower in 1620, were not only escaping from religious persecution in their homeland. They also wanted to turn their back on what they viewed as the materialistic and greedy corruption of the Old World.
Plymouth Colony Planned as Collectivist Utopia
In the New World, they wanted to erect a New Jerusalem that would not only be religiously devout, but be built on a new foundation of communal sharing and social altruism.…
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