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Production Tax Credit Wind

In the news, quietly nagging, is the question of whether or not the Production Tax Credit will expire now that the deadline has passed.  Without the Production Tax Credit wind projects may not stand a chance at new start ups.   Congress and wind power are not a good match right now as the expiration date has already passed.

These are not only the politics of wind power but about one more debt added to the heap we can’t seem to come up from already. The expiration of the credit would certainly be good news for millions who have already figured out that the financial implications are high and we are being bled dry by greedy corporations who know how to take but not give back.

Here are a few excerpts from the Huffington Post regarding the possible expiration of the Product Tax Credit that has been in place since 1992.  Decide for yourself.  This author wonders where YOUR children will get the money to pay back all this debt when companies like Iberdrola Renewables has their credit are heading for the Spanish hills.

Republican opposition to renewable energy tax breaks has been galvanized by anger over a failed solar project backed by the Obama administration. Republicans referred to that project, a start-up company called Solyndra, several times in the letter.

“The Obama administration has poured billions into subsidizing its favored green energy sources,” reads the letter dated Sept. 21 from House Republicans to Boehner, also a Republican. “Twenty years of subsidizing wind is more than enough.”  http://www.huffingtonpost.com/2012/09/24/john-boehner-wind-production-tax-credit_n_1910687.html

And…

The so-called production tax credit has made wind and solar installations more financially appealing for investors, encouraging new projects. But with each passing day absent movement in Congress toward renewing the credit, investors grow more skittish about pouring money into wind and solar installations, fearful that they will not be able to secure a return on their capital, as the tax credits have traditionally reduced the cost of new projects by one-third.          http://www.huffingtonpost.com/2012/11/30/wind-power-tax-credit-expiration_n_2220635.html

Hardscrabble Wind Farm News

Hardscrabble Wind Farm news continues to be in the spotlight. It seems that locals are unjustly having liens placed on their lands while Saunders Concrete and Iberdrola duke it out.

Read about it in the full article but as you do, consider as to whether it is something you might find yourself in the middle of one day, in your own backyard.

Residents targeted by subcontractor who wants to be paid for work

Concrete company places nearly $2M lien on wind project property

Iberdrola Town Meeting Notes

Iberdrola Town Meeting Notes

Dec 3, 2012

Iberdrola town meeting notes are from concerned citizens who have been present, alert and taking notes and pictures concerning the Wild Meadows Wind Project and its wind effects on the communities involved.  There are surely discrepancies from what interviews and newspaper articles report.  Decide for yourselves.

Recap of Iberdrola Wild Meadows Wind Project Open House in Grafton (11/13), Alexandria (11/14), Danbury (11/15):

Open House, which ran from 6:00-8:30pm, consisted of a series of stations that folks could visit. Each station contained information about the proposed project, including the impacted areas, visibility map, sound level determination, etc. There were no handouts available but a few pictures of their representations (see attachments) were taken.

Iberdrola Hardscrabble Complaint

Iberdrola Hardscrabble Complaint

Nov 19, 2012

The following is the summary of the Iberdrola Hardscrabble Complaint filed with the Supreme Court of NY.

SUMMARY OF COMPLAINT AGAINST IBERDROLA – SUPREME COURT, STATE OF NEW YORK

RE: HARDSCRABBLE WIND POWER PROJECT, HERKIMER COUNTY, NY – OCTOBER 22, 2012 (filed 10/24/12)

 FACTS

  1. 60 plaintiffs (not clear if it is 60 different homes as several share the same last name)
  2. Wind turbines being in close proximity to their homes
  3. All plaintiffs live within a mile of the wind farm