The wind industry is heavily invested in a propaganda campaign aimed at convincing the public that wind turbine noise is safe at any distance. ...but the damage from turbines can no longer be ignored. There are enough turbines operating worldwide, and enough people impacted, for the public to recognize turbine noise is intrusive and potentially harmful to neighbors.
The US Treasury estimates the PTC will cost taxpayers $40.12 billion in the period from 2018–2027, making it, by far, the most expensive energy subsidy under current tax law. ...After billions in public hand-outs, the wind industry has never been able to stand on its own and there’s no reason to believe this will change. Tax credits are now a required component of the industry’s economics. The outcome of an expired PTC is evident: wind installations will crawl to a near stop.
There’s no question, Georgetown is paying dearly for its surplus energy. With annual demand growing at roughly 3% per year, it could be 15+ years before the City’s consumption begins to match its contracted supply.
The Senate bill should serve as the PTC/ITC blueprint for the final bill. Any changes recommended by the conference committee should be addressed swiftly and fall within the envelope of the Senate bill. This is an important step, but only first step, toward a level-playing-field between electrical energies that will, longer term, improve grid reliability coast-to-coast, border-to-border.
The IRS flouted Congressional intent …and knowingly transformed the PTC phase-out into a 5-year PTC extension. Without reform, the PTC tax will grow to an additional $32+ billion in the next decade, not including the credits awarded projects already operating.