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President Trump’s executive order on offshore wind, “Temporary Withdrawal of All Areas on the Outer Continental Shelf from Offshore Wind Leasing and Review of the Federal Government’s Leasing and Permitting Practices for Wind Projects,” is just one part of offshore wind’s troubles. According to Carboncredits.com: “over the past two years, the average cost of offshore wind […]
President-Elect Trump has made it clear that he is not a supporter of offshore wind energy, a stance he reinforced during his interview with Joe Rogan. Offshore wind, according to Trump, disrupts fishing zones, threatens wildlife such as birds and bats, damages large sections of the ocean floor, jeopardizes the North Atlantic Right Whale’s survival, and burdens […]
The first-ever offshore wind lease sale in the Gulf of Mexico attracted only one bid, yet the Biden administration called it a victory. The auction of offshore wind development rights in the Gulf of Mexico ended with a single $5.6 million winning bid, reflecting meager demand despite the productivity of oil and gas production in the region. […]
Studies have found that wind turbines impact local meteorological conditions by raising temperatures at the surface level while the wind turbines are in operation. Due to lucrative federal subsidies, wind farms are being built at a rapid pace contributing to a growing concern of the cumulative impacts these wind projects will produce. Advocates of wind argue that […]
Over a dozen battery storage projects that were meant to support intermittent renewable energy supplies have been postponed, canceled or renegotiated due to labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry. The delays, ranging from several months to a year, are in a number of states including California, Hawaii and […]
This past week House Democrats passed their budget reconciliation bills in the various Committees. So far these bills are 100 percent partisan as no Republicans in any Committee has voted for them. Next, the House Budget Committee will take the various provisions and combine them into a reconciliation bill to send to the Senate. This […]
Nine years ago, the wind industry agreed to a six-year phase out of the wind production tax credit. At the time, the wind industry told reporters that they needed 4-6 years to achieve subsidy-free competitiveness. But now the wind industry, other renewable electricity generators, and their financial backers on Wall Street, are back supporting the […]
Workers are finding out that the solar and wind jobs that President Biden proclaimed would be high-paying union jobs are not living up to the sales pitch. Traditional energy industry jobs need skilled labor. For example, building an electric plant powered by fossil fuels usually requires hundreds of electricians, pipefitters, millwrights, and boilermakers who typically […]
There comes a point in every person’s life when they have to face the realities of the adult world. In 21st century America the age at which that point comes seems to be extending further past the age of legal adulthood each year, leaving a generation in a state of perpetual adolescence—with their parents footing […]
Available for download: Wind PTC IRS Fact Sheet. For a more in-depth discussion of this important issue, read The Ever-Expanding Wind PTC at the website of the Institute for Energy Research.