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Author Archives: morgan
Hypocrisy? You be the judge.
Warren Buffett’s Berkshire Hathaway “has been able to plow so much into renewable energy because it can use tax credits to offset profit at other businesses.” How much did he “plow” in? Seems Mr. Buffett didn’t even know, but, when told … Continue reading
Posted in Energy Ethics, Energy Subsidies, industrial wind cost, industrial wind failure, Industrial Wind Taxes, Windtoons
Tagged Berkshire Hathaway, hypocrisy, Industrial wind subsidies, tax credits for rich, taxpayer subsidy industrial wind, Warren Buffett, wind production tax credit, wind PTC
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Irresponsible Senate Finance Committee Action on Wind Energy Tax Break
Following on the heels of yesterday’s post, Glenn Schleede offers additional commentary regarding the “irresponsible” EXPIRE Act: Commentary begins: April 11, 2013 Irresponsible Senate Finance Committee Action on Wind Energy Tax Break Once again, the Senate Committee that manages to … Continue reading
Posted in Glenn Schleede, Politicians and Wind Energy, Wind Power subsidies, Wind tax rebates
Tagged EXPIRE Act, Extender bill, Glenn Schleede, Investment tax credit for renewable energy, irresponsible republicans, National Republican Congressional Committee, National Republican Senatorial Committee, renewable energy subsidies, Republican National Committee, wind production tax credit, wind subsidies, wind tax benefits
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Wind PTC supported by “irresponsible Republican Senators”
Glenn and Sandra Schleede are fed up with their “irresponsible representatives” in Washington and have chosen to let them know. We thank them for allowing us to share the open letter they sent to Republican leadership. Letter begins: April 10, … Continue reading
Posted in Glenn Schleede, Politicians and Wind Energy, Wind Power subsidies, Wind tax rebates
Tagged EXPIRE Act, Extender bill, Glenn Schleede, Investment tax credit for renewable energy, irresponsible republicans, National Republican Congressional Committee, National Republican Senatorial Committee, renewable energy subsidies, Republican National Committee, wind production tax credit, wind subsidies, wind tax benefits
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EXPIRE … it’s just an act!
“The wind industry consumes nearly 80 percent of all federal subsidy dollars for renewable energy and 55 percent of all federal energy subsidies, according to David Brown, senior vice president for government affairs for Exelon, a nuclear power company. Because … Continue reading
PTC – industrial wind’s viagra
Well, folks … typical of DC … there’s a last minute rush to piece together a means to spend more of your cash. Lacking any ability to properly care for your money, politicians who fill the seats of the critical … Continue reading
“the “bizarro world” of industrial wind energy policy”
Thanks to Frank O’Hara of West Virginia’s Allegheny Front Alliance (AFA) for pointing us to this excellent post at MasterResource – Testimony Against Industrial Wind Power (Kevon Martis before the Ohio Senate and House Public Utilities Committees) Please visit MasterResource … Continue reading
Lifestyle Lost
Thanks to Dave Umling for providing this remarkable Yankee Magazine article – “Eminent Domain in Ascutney, Vermont | I Will Not Leave” Howard Mansfield tells the story of Romaine Tenney, a bachelor farmer. According to Mr. Mansfield’s compelling story, Tenney … Continue reading
Another speed bump for Edison Mission bankruptcy plan
First the IRS … and now the Securities and Exchange Commission says Edison Mission’s plan “to emerge from bankruptcy shouldn’t be approved because its corporate shell could be used in violation of federal law …” Full story at Bloomberg – … Continue reading
IRS urges court to reject Edison Mission bankruptcy plan
“The Internal Revenue Service urged an Illinois bankruptcy judge Wednesday to deny Edison Mission Energy’s Chapter 11 plan, saying it contained numerous provisions that infringed on the agency’s $1.3 billion tax claim against the estate” Full article behind a pay-wall. … Continue reading
“California’s drought disaster is real”
Wayne Lusvardi’s article at CalWatchDog.com titled “Drought could cascade through state infrastructure” presents excellent commentary on the power generation side of the current drought. Well worth the read! Related post: Pump storage … the industrial wind side show’s latest prop.
Posted in Hydroelectricity, Renewable energy debate
Tagged back up energy, California drought, pump storage
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