Cohocton Wind Watch: Tell the deficit reduction committee to end wind subsidies
Cohocton Wind Watch is a community citizen organization dedicated to preserve the public safety, property values, economic viability, environmental integrity and quality of life in Cohocton, NY and in surrounding townships. Neighbors committed to public service in order to achieve a reasonable vision for a Finger Lakes region worthy of future generations.


READ about the FIRST WIND Connection to the Obama Administration

Industrial Wind and the Wall Street Cap and Trade Fraud




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Friday, September 23, 2011

Tell the deficit reduction committee to end wind subsidies

Go to http://deficitreduction.senate.gov/public/index.cfm/contact to tell the Joint Select Committee on Deficit Reduction to end federal subsidies to industrial wind, which totaled $5 billion in 2010.

Large-scale wind has been shown to cause significant harm to wildlife, people, and the environment. And because of its intermittency and high variability, it does little or nothing to reduce carbon or other emissions.

Here is a list of federal programs that subsidize large-scale wind energy:

Modified accelerated cost-recovery system and bonus depreciation (5-year depreciation of renewable energy technologies; 100% bonus depreciation expiring 31 Dec 2011, 50% bonus depreciation expiring 31 Dec 2012)
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US06F

Dept of Treasury renewable energy grants (1603 Program, “Payments for Specified Energy Property in Lieu of Tax Credits”, expiring 31 Dec 2011)
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US53F
http://www.treasury.gov/initiatives/recovery/Pages/1603.aspx

Dept of Energy loan guarantee program (for projects that “avoid, reduce or sequester air pollutants or anthropogenic emissions of greenhouse gases; and employ new or significantly improved technologies as compared to commercial technologies in service in the United States at the time the guarantee is issued”)
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US48F
http://www.lgprogram.energy.gov/

Renewable electricity production tax credit (PTC, expiring for wind 31 Dec 2012) and renewable energy production incentive (REPI, for entities that don’t pay federal corporate taxes, expiring 1 Oct 2016)
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US13F
http://www.irs.gov/pub/irs-pdf/f8835.pdf
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US33F
http://apps1.eere.energy.gov/repi/


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First Wind Holdings Inc. IPO public offering


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First Wind Holdings Inc. 12/22/09 SEC S1/A IPO Filing

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