20 Jun '11, 9pm

Wind Power Subsidies Don’t Compare to Fossil Fuel & Nuclear Subsidies

The American Recovery and Reinvestment Act of 2009 (H.R. 1), signed into law by President Obama on February 17, 2009, extended the production tax credits (PTC) and investment tax credits (ITC), which have been critical to the growth of the renewable energy sector, and added a new incentive, Treasury grants taken in lieu of tax credits, designed to promote the growth of renewables despite the economic downturn…. Companies that generate wind, solar, geothermal, and “closed-loop” bioenergy (using dedicated energy crops) are eligible for the PTC which provides a 2.1-cent per kilowatt-hour (kWh) benefit for the first ten years of a renewable energy facility’s operation…. The PTC for wind, which as the largest producer of renewable energy has the greatest impact on the budget, was extended an additional two years, until the end of 2012…. This measure is designed to promote the d...

Full article: http://cleantechnica.com/2011/06/20/wind-power-subsidies-...

Tweets

Should We Continue Using Nuclear Power? #green

thegoodhuman.com 19 Jun '11, 2pm

In the wake of the Fukushima disaster in Japan, countries around the world that were growing more bullish on nuclear power...

Paul Ryan Lies About Ending Oil Subsidies To Protect His Family’s Cash Bonanza

Paul Ryan Lies About Ending Oil Subsidies To Pr...

desmogblog.com 20 Jun '11, 5pm

Representative Paul Ryan (R-WI) has been all over the place when it comes to ending the multi-billion dollar subsidies tha...

Sanity Alert: Senate Votes to End Billions in E...

dotearth.blogs.nytimes.com 16 Jun '11, 8pm

Sanity Alert: Senate Votes to End Billions in Ethanol Subsidies By ANDREW C. REVKIN The New York Times An illustration cre...

Sanity Alert: Senate Votes to End Billions in E...

dotearth.blogs.nytimes.com 16 Jun '11, 8pm

Sanity Alert: Senate Votes to End Billions in Ethanol Subsidies By ANDREW C. REVKIN The New York Times An illustration cre...

Finally. Why it's important Senate Votes to End...

dotearth.blogs.nytimes.com 16 Jun '11, 8pm

The New York Times An illustration created by The Times for an article on the glory days of the corn ethanol industry — be...

Dot Earth: Sanity Alert: Senate Votes to End Bi...

dotearth.blogs.nytimes.com 16 Jun '11, 8pm

Sanity Alert: Senate Votes to End Billions in Ethanol Subsidies By ANDREW C. REVKIN The New York Times An illustration cre...

U.S. gas is artificially cheap: What we don’t p...

grist.org 17 Jun '11, 6pm

What's the true price of gasoline? This animated feature from the Center for Investigative Reporting explores the "externa...

Do Energy Subsidies Make Green Sense?

Do Energy Subsidies Make Green Sense?

greenbiz.com 24 Jun '11, 3pm

What would happen if the government eliminated all subsidies for the energy industry? It's a radical notion, but an overwh...

Wind Power in Europe MORE Reliable than Nuclear...

cleantechnica.com 16 Jun '11, 10am

While wind power may not be as reliable everywhere in the world as it is in Europe yet, that is because Europe has led the...

Transatlantic flight using bio jet fuel: Honeyw...

renewableenergyfocus.com 20 Jun '11, 1pm

Biofuel: aviation alternative? Obtaining more passenger/freight-miles for less fuel is a priority aim for aviation, given ...