Cohocton Wind Watch: US Senate refuses to continue Big Wind’s outrageous tax credits! Hooray!
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.


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Wednesday, March 14, 2012

US Senate refuses to continue Big Wind’s outrageous tax credits! Hooray!

In what may well be the biggest defeat for Big Wind around the world in over a decade, the US Senate voted today not to attach the “non-germane” Stabenow amendment #1812 to the Transportation Bill. Dead in the water! Done (for now). And likely done for quite awhile. Most “in the know” predict that the Transportation Bill is likely the last legislation for the year that will have bipartisan support.

The Production Tax Credits (PTC’s) for wind have expired three times in their 20-year history, and been reinstated each time, but this time we are so much closer to a critical mass of the electorate having learned the truth about Big Wind—it doesn’t work. It doesn’t reduce carbon emissions; it doesn’t reduce fossil fuel use. And without adequate setbacks, infrasound from turbines makes people sick.

Up against an army of lobbyists on Capitol Hill, tens of thousands of impassioned citizens around the country, with little but truth on our side, stayed apprised of the moment-to-moment specifics throughout the past week, and our voices were heard. First Big Wind presented the Bennet Amendment #1709, then another version, the Bennet/Moran Amendment #1790. Then replaced these with another with new language offered by Senator Cantwell (D-WA). Eventually Senators Reid and McConnell chose to present the Stabenow Amendment #1812 to the full Senate.

#1812 would not only have extended the Production Tax Credit for Big Wind, but would also have resurrected the 1603 credit—the worst of all possibilities. Big Wind needed 60 votes to attach their self-serving agenda to the BigDaddy S.1813 Surface Transportation Bill. Instead, they got only 49 votes, less than a majority, a benchmark of sorts.

That’s $5-$20 billion in debt (plus interest) our kids won’t have to pay to the Chinese PLUS billions in savings coming from lower energy costs for the entire economy. (Is it too much to assume this means Cape Wind is finally off the chart?)

In all events, it is really amazing, almost worthy of miracle status. For those so inclined, say a prayer of thanks tonight!

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First Wind Holdings Inc. IPO public offering


TEN Reasons
Why the SEC should not allow First Wind to be listed on NASDAQ

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

First Wind Holdings Inc. 7/31/08 SEC S1 IPO Filing

May 14, 2010 addition to the First Wind Holdings Inc. SEC S1A IPO Filing

August 18, 2010 amendment 7 to the First Wind Holdings Inc. SEC S1A IPO Filing

October 13, 2010 Filing update to the First Wind Holdings Inc. SEC S1A IPO Filing

New October 25, 2010 Filing update to the First Wind Holdings Inc. SEC S1A IPO Filing


FIRST WIND Lays an Egg WITHDRAWS IPO
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