Gone with the Wind: IRS can’t measure effectiveness of $14 billion dollars in green energy subsidies
A recent report from the Government Accountability Office (GAO) reveals that IRS tax subsidies to green energy operators have resulted in $15.1 billion in foregone revenue to the federal government, $13.7 billion of which was lost to renewable energy projects. The GAO has sounded its concern that Congress cannot evaluate the effectiveness of Investment Tax […]
Gone with the Wind: IRS can't measure effectiveness of $14 billion dollars in green energy subsidies
A recent report from the Government Accountability Office (GAO) reveals that IRS tax subsidies to green energy operators have resulted in $15.1 billion in foregone revenue to the federal government, $13.7 billion of which was lost to renewable energy projects. The GAO has sounded its concern that Congress cannot evaluate the effectiveness of Investment Tax […]
July 16 Colorado Energy Roundup: Sec. Jewell adds Colowyo Mine visit; renewable energy mandate upheld
A week after the Department of the Interior declined to move forward with an appeal in the Colowyo Mine case, and facing mounting pressure to visit the northwest portion of Colorado during a scheduled trip to Aspen, Sec. Sally Jewell appears to have conceded to a meeting with county commissioners: Moffat County Commissioner John Kinkaid […]
Kansas pushes back against EPA Clean Power Plan, changes state renewables mandate to voluntary
Unlike Colorado’s failed attempt to provide state oversight to proposed Environmental Protection Agency’s “Clean Power Plan” regulations, Kansas’ legislature has passed requirements for any CPP state implementation plan, including no plan at all, should it conflict with ongoing litigation against the EPA’s power to bring forth the CPP: Kansas governor Sam Brownback (R) signed a […]
Oregon’s Cannibalism of Environmentalism
By Brandon Ratterman Almost 60 percent of Oregon’s electricity is generated from hydroelectric power, which is considered by the Environmental Protection Agency (EPA) as a renewable energy resource. However, the state is struggling to meet the mandated renewable portfolio standard (RPS) of 15 percent renewable generation by 2015, as hydroelectricity generated at facilities built before […]
Roll back Colorado’s renewable energy mandate?
Just around dinner time last night the House Transportation Committee, chaired by Weld County GOP Rep Glenn Vaad, moved HB 1121 (detailed here) out of committee on a 10-3 vote and to the whole House for a floor debate on Colorado’s renewable energy mandate. Rep. Ray Scott’s (R-Grand Junction) Ratepayer Bill of Rights, dubbed “RayBOR” […]
Roll back Colorado's renewable energy mandate?
Just around dinner time last night the House Transportation Committee, chaired by Weld County GOP Rep Glenn Vaad, moved HB 1121 (detailed here) out of committee on a 10-3 vote and to the whole House for a floor debate on Colorado’s renewable energy mandate. Rep. Ray Scott’s (R-Grand Junction) Ratepayer Bill of Rights, dubbed “RayBOR” […]
30 percent higher average electric rates in states with RPS
The 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 […]
Maine Gov takes aim at renewable energy standard
Apparently Maine, not California (followed closely by Colorado), has the highest renewable energy standard in the country, and Governor Paul LePage wants to get rid of it. According to Gov. LePage, the 44 percent renewable energy requirement puts Maine at an economic disadvantage because it drives up the cost of energy in his state. Maine […]
