Government officials and environmentalists have been pontificating the wonders of alternative energy and have indicated wind power will make a significant contribution to our electric grid and save our planet. They’ve been able to get tax shelters, subsidies and policy changes favorable to wind advocates but unfavorable to taxpayers and consumers.
A new study conducted by Bentek Energy takes the wind out of wind energy. It shows wind boosters have greatly overstated wind’s ability to reduce carbon dioxide emissions and the cost to reduce those emissions can’t support a business case. To be cost effective, the carbon tax would have to be greater than $33 a ton. With our depressed economy, unemployment around 8.5 percent and the prevailing view of Congress to reduce taxes, the imposition of a carbon tax will not happen, regardless of how small.
Wind power is also three to four times more costly than nuclear, coal, oil and natural gas. It’s also intermittent and unreliable. Is there any wonder why government mandates and subsidies are necessary to get people to produce and install wind mills? If wind power was profitable private investors would be investing and creating jobs. As subsidies go away, the wind sector will cease to exist.
Robert Bryce, in a Forbes magazine article, indicated wind energy business is the electric sector’s equivalent of the corn ethanol scam. The wind energy advocates have been overcome by the hype of a green energy party line which is unreliable and grossly overstated.
Wake up Vermont.
– Frank Mazur
Events & Notes
Health Care Listening Sessions – The Agency of Administration is hosting four listening sessions across Vermont to help inform the design of future health care reform financing plans. These sessions will include presentations on the challenges facing Vermont’s health care system, how health care is financed currently in Vermont, and an overview of Vermont’s revenue system. The general public is encouraged to attend.
January 12: Catamount Arts, 115 Eastern Ave, St. Johnsbury, 7:00 – 9:00 pm.
Contact: Please contact Michael Costa, Special Counsel, Vermont Department of Taxes at (802) 828-0141 or Michael.Costa@state.vt.us.
Wednesday, Jan 11: Central Vermont Friends of the Tea Party will hold its monthly meeting, 7:00 pm at the Sharon Elementary School (next to exit 2 off of I-89). There will be a guest speaker and discussion of current issues facing Vermont and the nation. For further information, contact Dick Tracy at 763-7906 or by email at email@example.com.
Thursday, Jan 12: The Shelburne-Charlotte Republican Town Committee is hosting Don Turner, House Minority Leader, at its monthly breakfast meeting at the Dutch Mill Restaurant, Shelburne, at 7:30 AM. Rep. Turner will address upcoming budget issues and his ideas on how to make Vermont Affordable for Vermonters. Everyone is welcome.
Friday, Jan 13: Stowe Republican Party Breakfast Club, 7:30am-8:30am at Ten Acres Lodge. Socialize, learn and expand your network with fellow Republicans. The more, the merrier, so feel free to invite interested people. Please let me know if you are coming so I can plan for breakfast. Contact Susie Connerty, 802-253-2140.
Wednesday, Jan 18: “Green Mountain Care: what every Vermonter should know” will be presented at 7 pm at the Green Mountain Technical Center in Hyde Park, hosted by the Lamoille County Republican committee. The event is free and the general public is encouraged to attend this educational event regarding the impacts of Vermont’s health care law, Act 48. The guest speakers for the event will be St. Michael’s College Professor of Business Robert Letovsky, and Rutland Treasurer Wendy Wilton. contact: Marion Clegg, 802-851-1121, firstname.lastname@example.org.
We look forward to your feedback, tips, and comments. Please send them to email@example.com.