Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Wyoming
Related: About this forumWho owns the wind? We do, Wyoming says, and it’s taxing those who use it
Who owns the wind? We do, Wyoming says, and its taxing those who use it
By William Yardley Los Angeles Times Aug 16, 2016
RAWLINS, Wyo. Not long after it became clear that the robust winds that blow down from the Rocky Mountains and across the sea of sagebrush here could produce plenty of profit in a world that wants more renewable energy, some of the more expansive minds in the Wyoming Legislature began entertaining a lofty question: ... Who owns all of that wind? ... They concluded, quickly and conveniently, that Wyoming did.
Then, with great efficiency for a conservative state not traditionally tilted toward burdening the energy industry, they did something no other state has done, before or since: They taxed it.
In the four years since Wyoming began taxing power generated by wind turbines, it has collected a little less than $15 million in revenue. ... No, that is not much money in a resource state rocked by the simultaneous decline in the prices of coal, oil and natural gas, a state trying to close a budget gap that could reach $500 million.
But now, as one of the worlds largest wind farms is about to begin construction here on a project aimed at providing clean electricity to nearly a million homes in California and the Southwest potentially transforming this fossil fuel state into a major player in renewables some powerful state lawmakers are looking to raise those taxes. ... And some in the wind industry, which has long benefited from incentives and subsidies, say they are worried. The company that has spent nine years trying to build the wind project says higher taxes could further delay or even halt the plan.
....
© Copyright 2016 Billings Gazette, 401 N Broadway Billings, MT
By William Yardley Los Angeles Times Aug 16, 2016
RAWLINS, Wyo. Not long after it became clear that the robust winds that blow down from the Rocky Mountains and across the sea of sagebrush here could produce plenty of profit in a world that wants more renewable energy, some of the more expansive minds in the Wyoming Legislature began entertaining a lofty question: ... Who owns all of that wind? ... They concluded, quickly and conveniently, that Wyoming did.
Then, with great efficiency for a conservative state not traditionally tilted toward burdening the energy industry, they did something no other state has done, before or since: They taxed it.
In the four years since Wyoming began taxing power generated by wind turbines, it has collected a little less than $15 million in revenue. ... No, that is not much money in a resource state rocked by the simultaneous decline in the prices of coal, oil and natural gas, a state trying to close a budget gap that could reach $500 million.
But now, as one of the worlds largest wind farms is about to begin construction here on a project aimed at providing clean electricity to nearly a million homes in California and the Southwest potentially transforming this fossil fuel state into a major player in renewables some powerful state lawmakers are looking to raise those taxes. ... And some in the wind industry, which has long benefited from incentives and subsidies, say they are worried. The company that has spent nine years trying to build the wind project says higher taxes could further delay or even halt the plan.
....
© Copyright 2016 Billings Gazette, 401 N Broadway Billings, MT
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 1832 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (13)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Who owns the wind? We do, Wyoming says, and it’s taxing those who use it (Original Post)
mahatmakanejeeves
Aug 2016
OP
riversedge
(73,186 posts)1. REC
CentralMass
(15,551 posts)2. Bastards.
Angry Dragon
(36,693 posts)3. k&r
Wednesdays
(20,315 posts)4. For those of you who predicted the privatization of air
well, here we are.
SCVDem
(5,103 posts)5. So many asswipe states.
I'm all for California to tax the crap out of our exports.
Paybacks a bitch!
Happy blow job! Oh yeah, you can keep Cheney. All of them!