Colorado's wind energy: neither free nor clean
- August 5, 2011
This morning’s market headlines out of Europe aren’t kind to Vestas Wind Systems. The Copenhagen based wind turbine company with a significant presence in Weld and Pueblo Counties saw its stock drop 16 percent by the end of trading to closing under $59 per share, reflecting a trend investors have suffered since the end of
READ MOREThis article originally appeared in the Estes Park Trail-Gazette. Author Jon Nicholas discussed it in more detail on The Amy Oliver Show on News Talk 1310 KFKA. Vestas, Green Energy Sold Short By Jon Nicholas Colorado has become a leader in government subsidizing green jobs. A major beneficiary of those state and local subsidies has
READ MOREI may have underestimated the outrage over two recent Xcel Energy rate increase requests. The first, an attempt to recover the final $16.5 million in cost for Boulder’s Smart Grid City program. Ratepayers are not thrilled about paying for a Boulder project with massive cost overruns. Check out these comments: From Phil Carson, editor of
READ MOREHo hum, Xcel Energy wants another $142 million rate increase, and it wants to recover another $16.5 million for its Boulder smart grid project. And in other news, dog bites man. If the Public Utilities Commission denied the rate increases, that would be a news story. This is all part of Colorado’s New Energy Economy.
READ MOREThe average residential electric rate in states with a Renewable Portfolio Standard (RPS) is nearly 30 percent higher than states without an RPS. An RPS is a state based policy that requires electric power “providers to supply a specified minimum amount of customer load with electricity from eligible renewable energy sources,” such as wind or
READ MOREby Donovan Schafer In a recent report, the EPA linked groundwater contamination in Pavillion, Wyoming, to the controversial practice of hydraulic fracturing (“fracking”) used to extract oil and gas. You can almost hear the collective “Hooray!” from anti-fracking advocates. But the actual data in the EPA report make it clear that fracking is safe. The
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