Posts Tagged ‘subsidies’

No subsidies for green power projects before 2025, says UK Treasury

Government accused of ‘turning their back on renewables’ after saying there will be no more money for new low-carbon levies Companies hoping to build new windfarms, solar plants and tidal lagoons, have been dealt a blow after the government said there would be no new subsidies for clean power projects until 2025 at the earliest. […]

Tax Reform Fight Shows Why Subsidies Never Die

The Tax Cuts and Jobs Act, passed by the House last week, promised to save about $12.3 billion over the next decade by scaling back a “production tax credit” mostly used by wind energy producers. It was a tepid but welcome change to a program that has far outlived whatever usefulness it might have had. […]

Trump’s plan to bail out failing fossil fuels with taxpayer subsidies is perverse | Dana Nuccitelli

Coal can no longer compete in the free market, so the Trump administration wants to prop it up with taxpayer subsidies The conservative philosophy of allowing an unregulated free market to operate unfettered often seems to fall by the wayside when the Republican Party’s industry allies are failing to compete in the marketplace. Trump’s Energy […]

Scottish islands hold out for government U-turn on windfarm subsidies

Hopes that ministers will make special case for Western Isles, Orkney and Shetland after visit by business secretary Ministers are believed to be on the verge of a U-turn on their manifesto pledge to halt the spread of subsidised onshore windfarms – on remote Scottish islands, at least. The business secretary, Greg Clark, visited the […]

Lack of transparency over green energy subsidies ‘shambolic’, say MPs

Government criticised for failing to keep consumers updated as overspend on renewables is forecast to push up bills MPs have criticised ministers for their “shambolic” failure to regularly spell out the impact of government green policies on household energy bills. The Commons public accounts committee said the government had missed its commitment to publishing annual […]

In New York, Wind And Solar Get Double Their Value In Subsidies

New York state is paying 11 large wind and solar power projects two times more in subsidies than the projects actually generate in electricity. New York Democratic Gov. Andrew Cuomo announced the $360 million in spending over the weekend, but didn't reveal the precise amount of funding for each project. View full post on Wind […]

Strong progress by Chinese solar power generators will see subsidies eliminated by 2025

Chinese solar and wind power generators will be further weaned off their reliance on subsidies for growth, after meeting their technical goals quicker than expected, according to an industry regulator. “Assuming no wastage of wind and solar power generated due to power grid bottlenecks, we had estimated that wind power will reach grid parity by […]

Just 10 new community energy schemes registered after Tories cut subsidies

Number of new local renewable energy schemes has crashed from 76 last year after government slashed support for wind and solar The number of new community-owned renewable energy projects of the sort backed by Jeremy Corbyn this week has plummeted after a series of government decisions have made many proposals for wind and solar farms […]

Battle over solar subsidies threatens to spill over into spring

The Latest on the return of NASA’s Scott Kelly and Russia’s Mikhail Korniekno from a year in space (all times ES STATE HOUSE, BOSTON, MARCH 1, 2016.One year has passed since limits on incentives for homeowners and others to produce and sell solar power back to the grid were reached for customers served by National […]

Koch propagandist attacks wind tax break; is mum on fossil fuel subsidies

Gall? Nerve? Chutzpah? Call it what you like, but Christine Harbin’s two recent anti-wind columns in The Hill are prime examples of Koch-funded dishonesty-and hypocrisy. Harbin works for the Koch brothers-founded and -funded Americans for Prosperity . View full post on Wind Power News