An energy incentive is drifting in the wind Federal tax law discourages individual investment and local ownership of turbines. By John Farrell, originally published in the Minneapolis Star Tribune, May 1, 2008 A wind turbine can power up to 600 homes, but 600 homeowners can’t get together to own a wind turbine. Why? Because federal… Continue reading
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A wind turbine can power up to 600 homes, but 600 homeowners can’t get together to own a wind turbine. Why? Because federal law makes local ownership virtually impossible. The federal wind-energy incentives — up for renewal this year — discriminate against local ownership and favor absentee ownership. They also severely restrict the number of investors who can finance wind-energy generators.
A debate between advocates of distributed and centralized renewable energy systems is just beginning. It is overdue. Consideration of scale in renewable energy systems has been delayed in part because we first had to bring solar energy in all its forms to market, and in part because the distributed nature of renewable energy resources seemed inexorably to lead to their being harnessed in distributed fashion.
A typical 2 megawatt wind turbine provides enough electricity for around 600 average American homes. So why is it nearly impossible for those same 600 households to pool their resources and own a wind turbine?
A new policy brief by the Institute for Local Self-Reliance (ILSR) shows how removing two barriers to owning and investing in renewable energy projects can pave the way for true energy independence.
ILSR’s Vice President, David Morris, was interviewed on WCCO’s "Good Question" segment that asked why diesel fuel is more expnsive than gas. Segment aired April 10, 2008. Continue reading
Regulations coming into force in April and May 2008 will bring a wealth of energy and environmental information to homebuyers in the United Kingdom. Potential buyers will get an Energy Performance Certificate and a mandatory comparison of the new home to the requirements contained in the UK’s Code for Sustainable Homes as part of home information packets (HIPs) prior to purchasing the home.
For Immediate Release PRESS RELEASE CONTACT: 612-276-3456 NEW REPORT ARGUES FOR A RENEWABLE ENERGY POLICY THAT PUTS RURAL COMMUNITIES FIRST Minneapolis, MN—(September 8, 2008). The next 20 years could generate as much as $1 trillion in new renewable energy investment in rural America. But as a new Ford Foundation-sponsored study by the Institute for… Continue reading
Updating a pathbreaking 2003 report, ILSR’s March 2008 report, Driving Our Way to Energy Independence, describes how commercially available technologies today could transform our petroleum powered transportation system into one powered by electricity and biofuels. Provisions in the recently passed Energy Act could accelerate that transformation. Continue reading
A new policy brief from Institute for Local Self Reliance criticizes the authors of two recent studies published in Science for advancing a conclusion not supported by their own studies. ILSR’s paper notes that the vast majority of today’s ethanol production comes from corn cultivated on land that has been in corn production for generations. Continue reading
Last month the Internal Revenue Service today announced 312 projects that are now eligible to be financed with tax-credit bonds under the Clean Renewable Energy Bonds (CREB) program. Approximately, $477 million was available for this round of applications. The CREB program was created by the Energy Tax Incentives Act of 2005 and expanded under the Tax Relief and Health Care Act of 2006.