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New Issue: Wind Power

Posted 3 years ago by

New Issue: Wind Power

Should the federal government continue to give tax credits and subsidies to the wind power industry?

Mitt Romney recently said that, if elected President, he would end a tax credit subsidizing the wind energy industry. This prompted a backlash from many farmers in midwestern swing states including Iowa, Ohio and Indiana. By installing wind turbines on their properties farmers can earn up to tens of thousands of dollars per year in tax credits. Supporters, including President Obama and Green Party nominee Jill Stein, say the wind energy industry is responsible for creating thousands of high-tech jobs in the region and is a crucial income alternative for farmers during droughts. Detractors, including Mr. Romney and Gary Johnson, point out that these tax credits have cost the federal government $14 billion since 2008 and that wind technology has yet to develop into a reliable energy alternative to traditional sources such as coal and nuclear power.

Which candidates do you side with on wind energy? Answer this question in the Environmental Issues section and find out.

We've become so used to "instant gratification" in this country that if something doesn't work in a couple of year's time, we throw it out without giving it a chance to work out the kinks. I say there is enough good information about wind energy to continue supporting it until it can sustain itself. I am hoping for the day when consumers can purchase them to individually power a home. I'm betting that even if we have to use other forms of power intermittently, it will still be cheaper and cleaner in the long run to have the wind turbines.

Joni Sheridan

No It has been found that they are NOT useful in adding electricity to the grid. Hawaii had them just sitting and falling apart. Not to mention looking bad. We had hundreds going out to west Texas, funded by private donations. They were given a year and were unable to be of use. Why should tax payers dish out money for something of no benefit except to the producers.

Phyllis Borchers

Wind is an excellent local energy source and one of several local, renewable sources that need to be promoted just as we discourage petroleum. Big oil needs no subsidies of any kind for trapping our economies, for dictating a colonial foreign policy that leads the US into war for profit and for spreading disease and destruction throughout the scope and existence of the petroleum industry.

Gary Sanchez

Wind is a steping stone, its not perfect but its cleaner then fossil fuels, yes it is not as profitable or efficent but it will get there, wind is more a stepping stone to moving to alternative renewable power. Wind Solar hydro, tidel and more pave the way for fusion power to become the worlds most effective energy source by 2030.

Alex Phan

I side with President Obama. The sooner we harness renewable sources of energy, the safer and healthier we will be as a nation, and as an economy.

Carol Lee Doeden

If it was such a good alternative source of income for farmers, then they would be doing it already. All subsidies need to be gone with. All they do is save the failing at the cost of the successful, giving them an unfair advantage in the market place. The losers? All of the people in that market.

Ben Iwen

Were sitting on a 300 years supply of natural gas, coal and oil in the United States alone that costs no tax payer money and there is technology to get it. But instead we give tax breaks and government subsidies to wind and solar companies, how does that make sense? Maybe it is time for the government to get out of the energy business and let the market do its job. As for the jobs it creates, an employee at any of the bankrupt green companies if it was a good deal.

Donald Webb

Wind power has a long way to go before it becomes a reliable energy source. During cold and windless conditions it costs more energy to keep the turbines warm and turning then the power the output.

April Symoens

It is not a free market Romney is comparing it to fossil fuel industry which have never ben weaned off of subsidies. For the USA to be competitive in the future we better get renewable energy in the forfront. USA is way behind other major countries in this area. Renewable energy is our future don't you get it?

Mark Thompson

No. Taxpayer dollars should not be sent to Washington to be distributed to friends of our leaders. Let individuals buying individual stocks take the risk on wind power.

Alan Brunton

Mitt Romney has sold himself to the company stove, all fossil fuels, etc. These are not renewable forms of energy and it's time we explore all forms of renewable fuels, wind, solar, electric power. Re- elect Barrack Obama.

Mary Sue Thompson

Overlooked is that the alternate energy subsidies have reduced the use of coal which is a dirty, polluting resource. The reduction along with natural gas could be an answer to the Planet's cleanup. Subsidies actually have worked in this instance. We need to keep it up to keep coal from coming "back on line".

Jerry Irons

The government should not be in the business of picking individual companies for funding or guaranteeing their success while using our tax dollars. This leads to cronyism at best and is sinister at worst. Let the private sector find investors for viable projects and technologies like it has been doing for well over a hundred years. How the hell do you think we got autos, light bulbs, computers, and a thousand other modern products. It should be driven by the free market period! Unless you have anti-capitalist/socialist leanings and want to control everything.

Jeff Wallace

What if we got a giant fan powered by a windmill to blow wind against the windmill? UNLIMITED ENERGY ZOMG.

Robbie Loucks

Yes I think they should invest more to upgrade & increase these & soloar power.

Dora Trivett

Most railroads wouldn't have gotten anywhere without federal subsidies. All new technology needs help. It is the job of government to do for people what they otherwise cannot do for themselves. That works at the top as well at the bottom.

Chuck Trent

go obama!

Don Lafave

Are you kidding? Both wind and solar are huge losers in terms of being able to ever produce electricity on a large scale. Of the seven major ways we produce eclectrical energy in the U.S., solar and wind are by far the most expensive. Just for example, to equal the electricity production of one 4th generation totally safe nuclear power reactor, it would take 240 square miles of wind power. Wind and solar are just like the electric car.....they are all just curiosities. I am just about finished with a book I am writing that will be published in December entitled "Ethanol and the Future of Clean Energy" in which I elaborate on the points I have given above as well as many other commonly held misunderstandings and misconceptions about energy...both fuel and electricity...used in the U.S.

Gary Schwendiman

yes, If we can also train some of the coal miners for a new trade ande shut some of the SOB mine owners. Especially those who made their employess donate to Romney and go to his speech withiut pay.

RoseLee Bernstein

Yes. Remove the Oil depletion allowance, and all the benefits to Big Coal and Big Oil, and give about 10% to wind and solar, and use the 90% to bring down Bush's deficit. He created the situation ending in the Wall Street Collapse on his watch, He has to wear the coat of shame.

Robert T. Boyter

Why should our tax dollars support something that hasn't been proven. Should you want to support these ventures I suggest you purchase their stock and see if you profit from your choice. If it is a, "A better mouse trap," no problem. The first rule in business is, "your permitted to make a profit." The government is NOT in the profit business. So far Obama has only picked the losing ventures.

Edward Michael

We can pull that amount of money needed for developing clean wind energy out of the subsidies that Big Oil companies get from the government easily. I think funding wind energy with tax credits is important for the industry to grow to become something that we as a country can rely on that is much cleaner for the environment than drilling and chemically preparing oil.

Stephanie Angel

yes, we need to keep trying to find more alternative means of power.. it would be a better, unpolluted world if we could get totally rid of fossil fuels....I love the wind idea for towns to be able to have their own power source.

Renee' Downs

The wind power industry is a privatized company and if they profit, do we the people get to share in it? Then why do we have to pay taxes to make up for their loss? That's $14 billion we could have used and we are picking up the slack. Our government needs to cut spending at this time.

Jackie Padeken

I think we should keep encouraging jobs and preserving our enviroment should be one of them.

Carolyn Jacobs