Wind power

Special interests defend wind subsidies at taxpayer cost

Special interests defend wind subsidies at taxpayer cost

The spurious arguments made in support of the wind production tax credit shows just how difficult it is to replace cronyism with economic freedom. From October, 2012. We often see criticism of politicians for sensing "which way the wind blows," that is, shifting their policies to pander to the prevailing interests of important special interest groups. The associated negative connotation is that politicians do this without regard to whether these policies are wise and beneficial for everyone. So when a Member of Congress takes a position that is literally going against the wind in the home district and state, we…
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Energy subsidies for electricity production

Energy subsidies for electricity production

When comparing federal subsidies for the production of electricity, it's important to look at the subsidy values in proportion to the amount of electricity generated. That's because the scales vary widely. For example, in 2010 for the United States, as can be seen in the accompanying table, coal accounted for the production of 1,851 billion kWh (or megawatt hours) of electricity production. That's 44.9 percent of all electricity produced. Solar power accounted for the production of 1,851 billion kWh, which is 0.025 percent of all electrical production. Solar power, however, received 8.2 percent of all federal subsidies, or about 328…
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WichitaLiberty.TV: Government planning, taxes, and carbon

WichitaLiberty.TV: Government planning, taxes, and carbon

In this episode of WichitaLiberty.TV: The City of Wichita held a workshop where the Community Investments Plan Steering Committee delivered a progress report to the city council. The document holds some facts that ought to make Wichitans think, and think hard. Then: What is the purpose of high tax rates on high income earners? Finally: Advances in producing oil and natural gas make for a more competitive and carbon-efficient economy. Episode 33, broadcast March 2, 2014. View below, or click here to view on YouTube.
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American economy is more competitive and carbon-efficient, says economist

American economy is more competitive and carbon-efficient, says economist

The oil and gas boom in America boosts our competitiveness in the world economy while at the same time reducing carbon emissions, says economist Stephen Moore. Moore recently left the Wall Street Journal to accept a position at Heritage Foundation as chief economist. He presented to an audience at a conference titled "The Tax & Regulatory Impact on Industry, Jobs & The Economy, and Consumers" produced by the Franklin Center for Government and Public Integrity. A large portion of his presentation was on energy and its important role in the economy, and how radical environmentalists -- the "green" movement --…
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Voice for Liberty Radio: Jeff Glendening, Americans for Prosperity

In this episode of WichitaLiberty Podcasts: The day after Kansas Governor Sam Brownback's State of the State Address, I talk with Jeff Glendening at the Kansas Capitol. He's Kansas State Director for Americans for Prosperity. Prior to joining AFP in 2013, Jeff most recently was vice president of political affairs with the Kansas Chamber of Commerce, where he worked to expand the Chamber’s grassroots network, and to promote a pro-growth economic climate in Kansas. Aside from his work with the Kansas Chamber, Jeff has been involved in Kansas politics for a number of years, and has worked on the staffs…
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Coalition to Congress: End the wind production tax credit

Following is a letter from a coalition of organizations led by Americans for Prosperity advocating for the end of special treatment and subsidies for one industry. September 24, 2013 Dear Senators and Representatives: On behalf of the millions of members that our organizations represent, we encourage you to oppose extending the main source of federal support for wind energy, the production tax credit (PTC). The problems with bestowing government favors on wind energy are myriad -- it doesn't produce cheaper energy, it threatens electrical grid reliability, it’s inefficient, it’s unprincipled tax policy, to name a few -- and it’s time…
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Renewables portfolio standard: Good or bad for the Kansas economy?

A report submitted to the Kansas House Standing Committee on Energy and Environment claims the Kansas economy benefits from the state's Renewables Portfolio Standard, but an economist presented testimony rebutting the key points in the report. RPS is a law that requires the state's electricity utilities to generate or purchase a certain portion of their electricity from renewable sources, which in Kansas is almost all wind. An argument in favor of wind energy requirementy from the Polsinelli Shugart law firm is at The Economic Benefits of Kansas Wind Energy. Michael Head, a Research Economist at Beacon Hill Institute presented a…
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Wind tax credit promotes expensive electricity

Conservative and free-market groups are asking Congress to oppose extending the Production Tax Credit for production of electricity from wind. The letter, presented below, is designed for representatives from states that don't have a Renewable Portfolio Standard, which is a policy or law that requires a certain amount of electricity to be produced from renewable sources, which is primarily wind in most places. Kansas has an RPS, and Governor Sam Brownback actively supports maintaining this standard, which will require that more Kansas electricity be produced from wind. Kansas Policy Institute has found that RPS will result in higher electricity costs,…
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Nation can no longer afford wind tax credit

From The Hill: Sen. Lamar Alexander (R-Tenn.) on Wednesday said the nation’s fiscal situation has become so dire that the government can no longer afford to maintain a wind power production credit that has been in place since in 1992. “I think there is certainly the largest realization that we’ve ever had that it’s time for it to end,” Alexander said at a Wednesday event hosted by The Hill and sponsored by the American Energy Alliance. In a longer story, The Hill reports on the efforts of U.S. Representative Mike Pompeo, a Republican representing the Kansas fourth district (Wichita metropolitan…
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Kerr’s attacks on Pompeo’s energy policies fall short

We often see criticism of politicians for sensing "which way the wind blows," that is, shifting their policies to pander to the prevailing interests of important special interest groups. The associated negative connotation is that politicians do this without regard to whether these policies are wise and beneficial for everyone. So when a Member of Congress takes a position that is literally going against the wind in the home district and state, we ought to take notice. Someone has some strong convictions. This is the case with U.S. Representative Mike Pompeo, a Republican representing the Kansas fourth district (Wichita metropolitan…
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