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Mitt Romney confirms he would end US wind power subsidies

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Mitt Romney confirms he would end US wind power subsidies

Mitt Romney and Barack Obama draw up battle lines over US wind farm tax credits

Mitt Romney and wind subsidies
Republican US presidential candidate Mitt Romney has said he would let wind power tax credits expire. Photograph: Alex Wong/Getty Images

Mitt Romney looks set to declare war on America's wind energy industry, further emphasising the dividing line between the presumptive Republican presidential candidate and President Barack Obama on energy issues.

Romney's campaign confirmed this week he wants to end long-standing tax credits for wind farm projects when the incentives come up for review later this year.

The pledge means the popular production tax credits (PTCs) – which have helped drive a surge in new wind energy investment in the US, making it the second largest wind energy market in the world after China – would be allowed to expire at the end of this year if the Republicans secure the White House in November.

Shawn McCoy, a spokesman for Romney's Iowa campaign, told the Des Moines Register earlier this week that Romney would "allow the wind credit to expire, end the stimulus boondoggles, and create a level playing field on which all sources of energy can compete on their merits".

He added that wind energy would still be allowed to "thrive wherever it is economically competitive, and wherever private sector competitors with far more experience than the president believe the investment will produce results".

Romney's campaign later confirmed he planned to allow the tax credits to lapse, stressing that he favours an energy policy environment where technology-specific incentives are removed.

However, green groups, renewable energy industry insiders, and Democrats were all quick to point out that Romney's desire for a level playing field on energy policy does not extend to oil and gas, where he has pledged to retain up to $40bn of subsidies and tax breaks that President Obama wants to see phased out.

Romney also faces accusations he has flip-flopped on clean energy policy, given that as governor of Massachusetts between 2003 and 2007 he talked up the potential for renewable energy and approved state support packages for a number of clean tech firms.

The latest pledge to roll back support for the wind energy sector is likely to appeal to the GOP's base, but it will also infuriate a number of Republicans in states where the wind industry is booming.

In June, 16 Republicans in Congress wrote to the GOP leaders in the House of Representatives urging them to approve an immediate extension of the PTC scheme as a means of driving investment and job creation.

The American Wind Energy Association (AWEA) is now warning that a number of projects are already slowing down and undertaking lay-offs as developers wait to find out if the PTC will be extended beyond the end of the year.

"The PTC is an example of effective, job-creating tax policy, but with expiration looming at the end of the year, 37,000 good American jobs are in peril," said AWEA chief executive Denise Bode in a statement. "That is why Congress must act now to save USA wind jobs and keep this success story moving forward."


http://www.guardian.co.uk/environment/2012/aug/02/mitt-romney-end-us-wind-subsidies?fb=optOut

by on Aug. 3, 2012 at 1:19 AM
Replies (21-30):
mehamil1
by on Aug. 4, 2012 at 3:33 AM

A drop of oil? Seriously? You are being serious aren't you. My goodness. 

Quoting lorenska:

 Do you know how many thousands of birds those things kill? How come when a duck gets a drop of oil on it in the gulf, they throw it a telethon and have a "Clean the Ducks" day, but when literally thousands of birds are getting ripped to shreds by giant whipping razor blades in the sky, we get.....crickets? I'm all for exploring alternative energy, but wind and solar are not perfect, and they will never be viable until there's a market for them, they're too expensive (and yes, destructive) right now.

Quoting _Kissy_:

How many catastrophes has wind energy done to our environment.


lorenska
by Member on Aug. 4, 2012 at 3:39 AM

 Of course I'm not being serious about the drop of oil, I exaggerate for effect, and to be clear, I love ducks and it breaks my heart when they get injured by oil spills. No one likes oil spills or injured wildlife. But it does chap me a little when there's literally no coverage of the fact that wind turbines are NOT made of fairy dust and rainbows, they too have their downsides. It just seems like when it comes to "green" energy, the negatives are always ignored, and anyone with any healthy skepticism about how viable these sources really are is called an idiot or a flat-earther.

Quoting mehamil1:

A drop of oil? Seriously? You are being serious aren't you. My goodness. 

Quoting lorenska:

 Do you know how many thousands of birds those things kill? How come when a duck gets a drop of oil on it in the gulf, they throw it a telethon and have a "Clean the Ducks" day, but when literally thousands of birds are getting ripped to shreds by giant whipping razor blades in the sky, we get.....crickets? I'm all for exploring alternative energy, but wind and solar are not perfect, and they will never be viable until there's a market for them, they're too expensive (and yes, destructive) right now.

Quoting _Kissy_:

How many catastrophes has wind energy done to our environment.

 

 

Carpy
by Platinum Member on Aug. 4, 2012 at 6:50 AM
2 moms liked this

We don't artifically prop up gas and oil.  We allow them the same tax write offs that any other business gets.  Investment back into the business.

Quoting mehamil1:

Then lets end artificially propping up all industries. Including gas and oil. 

We need to invest in this technology. I'm not a gloom and doom person (most of the time) but our survival as a species is at stake here. If we want to continue living on this planet for an extended period of time, we need to invest in renewable energy sources. This is beyond the free market and capitalism. This is about survival. 

Quoting Carpy:

He wants to end artificially propping the the industry up. They would still get all the same tax breaks every other business can declare



Carpy
by Platinum Member on Aug. 4, 2012 at 6:58 AM
2 moms liked this

Yet look how far we have advanced BECAUSE of Capitalism.

Quoting mehamil1:

Yes, capitalism and basic human needs tends to create that. 

I know all about Tesla and his genius ideas. However, in our current state, no one stands to profit enormously off his inventions. Which was part of his point. A great deal that he did he did for the progress of humanity and not for personal profit. Hence why so much that he came up with is not utilized. 

I wouldn't be surprised if our technology is so advanced that we could explore space. However, we are still bogged down in ego and greed. We'll never advance as a species if capitalism sticks around. 

Quoting ExecutiveChick:

I am not saying in any way, shape or form that other energy sources should not be explored. I want to be clear here. The energy industry is a BIG industry and has big money tied to it. If clean energy is the goal, research Tesla and Static Electricity. Clean, free and abundant energy is available. But "Green" energy is just another big money industry with nasty side effects.

Quoting mehamil1:

Hence why the technology needs to be developed more. Or other sources of renewable energy explored. 

Quoting ExecutiveChick:

Well, let me enlighten you. My father is a Nuclear Engineer specializing in Nuclear Power, His Theseus was on The Power Industry and he designed several Nuclear Power Plants that are currently in use today. While I am no expert, my father is and I have in depth knowledge of the industry from my time discussing the topic with him. He is an "Expert". 

Wind, Solar and other forms of "Green" energy are a pipe dream today. The cost and environmental impact of mining and disposing of the materials associated with "Green Energy" are far more expensive and damaging than the media and our Government would let you believe.

Wind and Solar are not cost effective nor are they cleaner. 

Wind power is ugly. It is expensive and requires batteries to store the energy to be consistent. The same is true for solar. These are dirty, expensive and unreliable forms of electricity.



Carpy
by Platinum Member on Aug. 4, 2012 at 7:06 AM

My vet had to move because of all the turbines near his old office.  Farmers and dog owners are all complaining.

Quoting ExecutiveChick:

Really? So you think the set backs, ice throws, low level noise and strobe effects from 400ft wind towers that are causing physical and medical conditions are just "propaganda"?

Please explain

Quoting mehamil1:

Propaganda. Nice try. 

We need to invest in solar and wind and hydro power if we want to survive on this planet. This isn't me being my typical socialist self. I don't want this planet destroyed because we as a species suck. 

Quoting ExecutiveChick:

You and every other green energy zealot needs to watch "Windfall"  http://windfallthemovie.com/index_1.html

These green energy, North East Liberals were all for it until it came to their community and they found out the truth about Wind Power.

Quoting mehamil1:

Wrong and wrong. The technology is here. And it's being suppressed because of the insane amount of money that is made on fossil fuels. They are not here to stay because it's not a renewable resource. If we want to survive on this planet, we need to move away from this nonsense. And it's up to us, we the people, to force our governments and the companies to do the right thing. 

Quoting strictgram:

Green energy subsidies for campaign donors. How is Solyndra working out? Solar and wind are 20-50 years away. Fossil fuels are here to stay. get used to it.




ExecutiveChick
by Silver Member on Aug. 4, 2012 at 12:56 PM
1 mom liked this

No no  no, you have it all wrong again. You are obviously up on Tesla but he had the idea that power would be controlled and used by the individual rather than centralized. There is a very clear profit model for his inventions as individuals would have to buy them. Every single home, business, car, etc... would buy his devices. There was huge profit to be had. It's Capitalism that would have made his inventions a success were they allowed to make it into the free market.

The truth is that it was Edison Electric and the Government that took Tesla down. It was State-ism Not Capitalism. Just like today with Obama and Green Energy, Our Government sided with, picked if you will, Edison and our current model as the winner in the electricity game. It was more Government control that gave us this messy, dirty current form of electricity and infrastructure.

Quoting mehamil1:

Yes, capitalism and basic human needs tends to create that. 

I know all about Tesla and his genius ideas. However, in our current state, no one stands to profit enormously off his inventions. Which was part of his point. A great deal that he did he did for the progress of humanity and not for personal profit. Hence why so much that he came up with is not utilized. 

I wouldn't be surprised if our technology is so advanced that we could explore space. However, we are still bogged down in ego and greed. We'll never advance as a species if capitalism sticks around. 

Quoting ExecutiveChick:

I am not saying in any way, shape or form that other energy sources should not be explored. I want to be clear here. The energy industry is a BIG industry and has big money tied to it. If clean energy is the goal, research Tesla and Static Electricity. Clean, free and abundant energy is available. But "Green" energy is just another big money industry with nasty side effects.

Quoting mehamil1:

Hence why the technology needs to be developed more. Or other sources of renewable energy explored. 

Quoting ExecutiveChick:

Well, let me enlighten you. My father is a Nuclear Engineer specializing in Nuclear Power, His Theseus was on The Power Industry and he designed several Nuclear Power Plants that are currently in use today. While I am no expert, my father is and I have in depth knowledge of the industry from my time discussing the topic with him. He is an "Expert". 

Wind, Solar and other forms of "Green" energy are a pipe dream today. The cost and environmental impact of mining and disposing of the materials associated with "Green Energy" are far more expensive and damaging than the media and our Government would let you believe.

Wind and Solar are not cost effective nor are they cleaner. 

Wind power is ugly. It is expensive and requires batteries to store the energy to be consistent. The same is true for solar. These are dirty, expensive and unreliable forms of electricity.



gracieb3
by on Aug. 5, 2012 at 12:21 AM
1 mom liked this

Subsidies shouldn't exist on any business venture. The government should not be paying people to take risk to create products or services. If what you have is worth while you will find funding and succeed to pay it back.

29again
by Gold Member on Aug. 5, 2012 at 2:14 AM

Well, I invite you to come and speak to the folks who live in my county.  There is a serious campaign on to NOT allow a wind farm to be developed somewhere, I am not sure where, but it is local and the people who live in that part of the county do NOT want the windmills anywhere around here.  So, if it is such a grave matter, that affects every single one of us, please, come and change these people's minds. I'm sure there are a few facts they are unaware of.


At some point in the future, we will certainly have worked out the bugs and it will be a cost-effective energy source.  But right now it is NOT, it is extremely dangerous for birds, and the gov't should not be subsidizing this industry. 


Quoting mehamil1:

Then lets end artificially propping up all industries. Including gas and oil. 

We need to invest in this technology. I'm not a gloom and doom person (most of the time) but our survival as a species is at stake here. If we want to continue living on this planet for an extended period of time, we need to invest in renewable energy sources. This is beyond the free market and capitalism. This is about survival. 

Quoting Carpy:

He wants to end artificially propping the the industry up. They would still get all the same tax breaks every other business can declare



mehamil1
by on Aug. 5, 2012 at 5:19 PM

I appreciate your invitation to speak but renewable energy is not my area of expertise. I would rather have you invite an engineer who specializes in developing this technology to speak on it. 

All I'm saying is that this technology needs to be developed if we want to survive as a species on this planet. Even if we humans manage to get our act together, something else might kill us off as a species. Or maybe aliens. I don't know. But if we don't stop destroying the earth she's gonna fight back. She already is. It's in our best interest to get off fossil fuels and develop something less destructive. Wind turbines are not perfect. But I think they are better than drilling deep into the earth for oil. That causes (and has caused) a lot of destruction. 100 years worth of destruction. Also coal mining and natural gas and everything else. 

Quoting 29again:

Well, I invite you to come and speak to the folks who live in my county.  There is a serious campaign on to NOT allow a wind farm to be developed somewhere, I am not sure where, but it is local and the people who live in that part of the county do NOT want the windmills anywhere around here.  So, if it is such a grave matter, that affects every single one of us, please, come and change these people's minds. I'm sure there are a few facts they are unaware of.

At some point in the future, we will certainly have worked out the bugs and it will be a cost-effective energy source.  But right now it is NOT, it is extremely dangerous for birds, and the gov't should not be subsidizing this industry.  

Quoting mehamil1:

Then lets end artificially propping up all industries. Including gas and oil. 

We need to invest in this technology. I'm not a gloom and doom person (most of the time) but our survival as a species is at stake here. If we want to continue living on this planet for an extended period of time, we need to invest in renewable energy sources. This is beyond the free market and capitalism. This is about survival. 


29again
by Gold Member on Aug. 5, 2012 at 7:16 PM
1 mom liked this

Have you not noticed/read that many people agree that renewable energy is something we need to DEVELOP.  You have even said so.  Right now, we cannot afford financially to throw huge sums of money into things that might someday work.  This country is flat-ass broke, and programs like this one do nothing to help in any way.  Whoever is interested in this field will continue to do the research and develop the technology so that the general public can use it in an efficient manner.  But in the meantime, it is completely irresponsible of the government to fund all these companies into bankruptcy.   Not to mention how many birds this particular technology kills as it is right now. 

Quoting mehamil1:

I appreciate your invitation to speak but renewable energy is not my area of expertise. I would rather have you invite an engineer who specializes in developing this technology to speak on it. 

All I'm saying is that this technology needs to be developed if we want to survive as a species on this planet. Even if we humans manage to get our act together, something else might kill us off as a species. Or maybe aliens. I don't know. But if we don't stop destroying the earth she's gonna fight back. She already is. It's in our best interest to get off fossil fuels and develop something less destructive. Wind turbines are not perfect. But I think they are better than drilling deep into the earth for oil. That causes (and has caused) a lot of destruction. 100 years worth of destruction. Also coal mining and natural gas and everything else. 

Quoting 29again:

Well, I invite you to come and speak to the folks who live in my county.  There is a serious campaign on to NOT allow a wind farm to be developed somewhere, I am not sure where, but it is local and the people who live in that part of the county do NOT want the windmills anywhere around here.  So, if it is such a grave matter, that affects every single one of us, please, come and change these people's minds. I'm sure there are a few facts they are unaware of.

At some point in the future, we will certainly have worked out the bugs and it will be a cost-effective energy source.  But right now it is NOT, it is extremely dangerous for birds, and the gov't should not be subsidizing this industry.  

Quoting mehamil1:

Then lets end artificially propping up all industries. Including gas and oil. 

We need to invest in this technology. I'm not a gloom and doom person (most of the time) but our survival as a species is at stake here. If we want to continue living on this planet for an extended period of time, we need to invest in renewable energy sources. This is beyond the free market and capitalism. This is about survival. 



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