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12-19-2011, 10:53 AM
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Notlongnow: Can you point to a reference for the billions you say are being used to subsidize wind power in your area?
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Background
On October 3, 2008 the US Congress passed The Emergency Economic Stabilization Act (TARP), otherwise known as the banking bailout package. The bill also included $150 billion in renewable energy subsidies that trade associations and industry lobbyists had labored over for years.
The subsidies were, for the most part, in the form of tax credits on the capital invested, that is, an Investment Tax Credit (ITC) based on the cost of the system. For the first time in at least two decades, small wind turbines were included in the technologies that qualified for the ITC. The ITC will be available for eight years.
Complicating matters for small wind turbines, the amount of the ITC is limited by the kW rating of the turbine. Up to a point, a higher rating, qualifies for greater subsidies. Turbines with lower ratings, or what Congress logically thought were smaller wind turbines, receive fewer subsidies. That's understandable, but Congress, consumers, and even many small wind turbine advocates often don't understand how wind turbines turn the wind into electricity.
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This is not the one I want but it will do until I find it again. We got 13 billion here in this area. There are 400 turbines in one area about one hour south of me.
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