News, Trends & Analysis
Posts tagged subsidies
Arithmetic trumps Ideology: Digging Into Conservative Misconceptions of Energy Costs
Sep 2nd
September 2, 2010 in Energy & Fuel
Here is an excellent guest post by an energy veteran and businessman on the costs of clean energy compared to old, dirty energy.
We’ve been writing on clean energy more and more these days. It is clearly one way to address global climate change, air pollution, and water pollution. And with another offshore oil production facility catching fire today, the sense of urgency to switch over from “dirty” to “clean” energy is growing.
In this guest post from Tom Rooney, President and CEO of SPG Solar in Novato, California we get a deeper look into the real costs of energy. Tom has More >
Solar Power Surge Prompts TEP to Seek Changes to SunShare Rebate Program
Jul 19th
TUCSON, Ariz., Jul 14, 2010 (BUSINESS WIRE) — A surge in the popularity of solar energy systems has prompted Tucson Electric Power (TEP) to propose new, lower subsidies for residential customers who install photovoltaic (PV) arrays.
Nearly 1,100 local homeowners have reserved TEP SunShare rebates for PV systems this year, exceeding the total number of residential solar power systems completed over the previous nine years combined. Local businesses also have rushed to invest in solar power systems, draining the funds designated for up-front commercial incentives in 2010.
In response to this unprecedented demand, TEP has asked the Arizona Corporation Commission (ACC) to More >
API Uses Fake ‘Americans’ To Attack Fake ‘Energy Taxes’
Mar 22nd
Big Oil is using fake “Americans” to defend billions in tax subsidies. The American Petroleum Institute is runningfull-page ads in Politico and Roll Call that attack Congress for “new energy taxes”:
Congress will likely consider new taxes on America’s oil and natural gas industry. These new energy taxes will produce wide-reaching effects, and ripple through our economy when America — and Americans — can least afford it.
These unprecedented taxes will serve to reduce investment in new energy supplies at a time when most Americans support developing our domestic oil and natural gas resources. That means less energy, thousands of American jobs being More >
Should the U.S. subsidize green investments that create jobs overseas?
Mar 11th
6:00 AM Thu, Mar 11, 2010
Dave Michaels/Reporter
The “Chinese” West Texas wind farm kicked off the debate about whether the stimulus is subsidizing green jobs overseas. At least initially, the project’s Dallas- and Austin-based developers and investors said the wind turbines would come from China , while Chinese banks would finance the project. The project’s owners would receive about $450 million if they pursue a stimulus grant available to them.
Now, two advocacy groups have issued a report (pdf) that says theTreasury Department has rewarded other companies that appear to make most of their clean-energy goods overseas. Treasury awarded tax credits to 17 foreign-based companies “with operations in low-wage More >
