Green Industrial Policy Faces Threats of its Own Creation
The early supply-side sugar high induced by a raft of clean energy-related subsidies is starting to show signs of wearing off. From electric vehicle makers to offshore wind developers, producers spurred along by the Biden administration’s ambitious green energy goals and lavish tax incentives have suddenly been forced to confront pesky market forces that have started to cool […]
Glitzy headlines can’t hide the failure of subsidy-rich solar
Despite billions in taxpayer subsidies, the United States currently generates less energy from solar and wind, the darlings of government favoritism, than it did from renewables in 1950.
States should stop subsidizing costly electric vehicles for the rich
When it comes to taxpayer handouts for wealthy early adopters and businesses seeking to purchase electric vehicles (EVs) and innovative trucks, Coloradans should look to Georgia, not California, for inspiration.
When it comes to Xcel, where do hundreds of millions of dollars come from?
By Cortney Crouch On April 12, 2016, the Denver Business Journal published an article, “Xcel, Vestas to build Colorado’s biggest wind farm,” in which David Eves, the President and CEO of Public Service Company of Colorado, stated that the newly announced 600-MW wind farm that PSCo would be building in partnership with Vestas would mean […]
September 3 Colorado Energy Cheat Sheet: Time running out for Colowyo Mine; Bennet, Hickenlooper concerned about EPA ozone rule; Animas River updates
Colorado’s Colowyo Mine–and the entire northwest part of the state–face a final decision September 6, and the Denver Post editorial board notes the significance, concluding that the judge should rule in Colowyo’s favor, as the “economic health of northwestern Colorado depends on it”: The clock runs out this weekend on a federal judge’s extraordinary order […]
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 […]
Big Wind and Solar Oppose Clean Energy
By Lexi Osborn In the upcoming weeks, House Bill 1118 will be up for debate in the State, Veterans, and Military Affairs Committee. This bill eliminates the restrictions on the hydroelectricity and pumped hydroelectricity that can be counted as a “renewable energy resource” to meet Colorado’s renewable energy standard. Currently, hydroelectricity is only counted towards […]
Coloradans can’t rely on subsidy-dependent wind energy
This op-ed first appeared in the Greeley Tribune By Michael Sandoval When Coloradans flip on their lights or crank up their heat, they expect their electricity to be affordable, and at the very least, reliable. But the state Legislature and Gov. John Hickenlooper are forcing the opposite on Colorado — expensive and unreliable wind energy. […]
Advice for Incoming PUC Chair
For 4 years, Public Utilities Commission Chair Ron Binz has been a key driver of the New Energy Economy. Under his watch, the PUC changed its mission, from advancing lowest cost electricity, to fighting climate change with expensive green energy. As was first reported here, Binz is leaving life as an environmentalist PUC Chair, for […]
Colorado Solar Industry’s Insatiable Appetite for Subsidies
With a quivering voice, Jim Walsh, owner of Bella Solar Energy, described his business troubles to the Senate Agriculture, Natural Resources, and Energy Committee. His message, if not his tears, was repeated yesterday morning by six other solar power representatives. They presented a compelling case that “the New Energy Economy is dead,” in the morbid […]
