Search Results for: "Windfall"
Relevance | DateDear Australia: Replace the Carbon Tax with . . . NOTHING (don’t cream consumers at the credit casino)
By Viv Forbes -- August 7, 2013 1 Comment“Australia’s proposed Emissions Trading System is a variable and unpredictable carbon tax…. ETS is complex in operation; encourages brokers, lawyers and speculators; and will drain our money to middlemen and into the European carbon credit casino. And it will create a growing army of vested interests who will forever oppose its abolition.”
Australia’s destructive carbon tax is in full political play this election season. “If this election is about anything, it is about the carbon tax,” opposition leader Tony Abbott stated this week. “Getting rid of the carbon tax is fundamental to our plan for a stronger economy.”
At his candidacy’s home page, Abbott states (and promises):
… Continue ReadingRepealing the Carbon Tax will ease cost of living pressures on families, help small business and restore confidence to the economy.
On day one, the Finance Minister will notify the Clean Energy Finance Corporation that it should suspend its operations and instruct the Department of Finance to prepare legislation to permanently shut-down the Corporation.
Frac Bounty: All Should Participate (resource creation for economic revival)
By Paul Driessen -- July 25, 2013 1 Comment“Deep Ecology adherents view fossil fuels as evil incarnate, and believe fervently in ‘peak oil’ and Climate Armageddon. They are frustrated that fracking guarantees a hydrocarbon renaissance and predominance for decades to come, and helps reduce carbon dioxide emissions without massive economic sacrifice.”
Anti-energy activists actively promote falsehoods about the vital, safe, job-creating hydraulic fractionation. They inhabit a callous parallel universe to wage war on affordable, plentiful energy–and quality, sustainable jobs. Such a war targets those who need jobs and lower costs the most.
It is time for all thinking, good people–Democrat and Republican–to welcome the oil and gas treasure unleashed by new technology in every locality and state where private property rights are respected. And, as Bret Stephens wrote in the Wall Street Journal, it is high time for environmentalists to think.…
Continue ReadingWind Pricing: Not Cheap but Subsidized
By Lisa Linowes -- July 23, 2013 5 Comments“Ignoring how competitive markets operate–and pretending that wind energy is exempt from the basic rules of economics–will not change the fact that windpower is an expensive, unpredictable resource that cannot compete without enormous public hand-outs. If the PTC were permitted to expired today, the wind industry might be forced to increase its efficiencies and lower project costs, but the effect on electricity prices at large would likely go unnoticed.”
Last fall, utility-giant, Exelon Corp., encouraged Congress to let the federal production tax credit (PTC) expire, citing the subsidy’s distortionary effect on competitive wholesale energy markets. The American Wind Energy Association (AWEA) slapped back by publicly booting Exelon off its board and unleashing an army of surrogates to control the damage and berate the company for putting its interests first.
The latest attack came July 4th when eco-youth Gabe Elsner, a “public interest advocate” of The Checks and Balances Project, accused Exelon of conspiring with Big Oil to squeeze out cheaper competitors like wind in order to drive up consumer electricity prices and increase profits.…
Continue ReadingThe Incompatibility of Wind and Crop ‘Farming’
By Lisa Linowes -- July 1, 2013 15 Comments“Absentee landowners may be gaining financially from [wind power] development, but the idea that ‘wind farming’ is a compatible agriculture use is more myth than reality in Illinois…. In fact, those Illinois farmers who have leveraged their operations conservatively tell us that they’re not interested in the ‘windfall’ of wind farming.”
The wind industry continues to claim that wind “farming” and agriculture are compatible land uses. Here it is again in a recent letter in the Wall Street Journal by the American Wind Energy Association defending the economics of wind power.
For years, politicians and urban/suburbanites have been treated to heaping doses of win-win business tales of family farmers leasing sections of their crop land for wind development, while working the soil right up to the towers and earning extra revenue to keep the land open.…
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