Posted on 08/14/2012 11:13:31 AM PDT by Free ThinkerNY
OSKALOOSA, Iowa — President Obama will continue his three-day swing across Iowa Tuesday with a new attack against Republican Mitt Romney and his running mate, Paul Ryan, over their opposition to extending tax credits for the wind energy industry.
Across a landscape where wind turbines are nearly as common as corn fields, Obama will push Congress to extend the production tax credit for wind companies. In Iowa alone, the industry employs more than 7,000, according to the Obama campaign; across the country the number is 75,000. Obama has said that 37,000 jobs nationally would be at risk if the wind tax credit is not extended.
(Excerpt) Read more at washingtonpost.com ...
Obama is an expert on wind.
pander, pander, pander
Wind is about the only thing the Obozo is an authority on.
Obama’s mommy should have told him that his mouth shouldn’t be used for breaking wind.
He’s just a bunch of hot air that smells an awful lot like Reggie Love.
Without “government” subsidizing all this green tech, it would never survive on its own in the free market.
I saw live video on Fox shortly before this campaign stop began. It didn’t look like there were that many people there. They didn’t pan around, but the number wouldn’t come close to 100 from what I saw.
He can go blow it..................oh wait he already has done blow.
37,000 jobs in the grand scheme of things is nothing.
Just over 7,000 jobs per state.
Does anyone have a dollar amount on how much the wind tax credits are? It would be nice to see how much he is proposing spending to create each job.
Report sees a wallop to wind power if tax credit ends
http://fuelfix.com/blog/2012/08/14/report-sees-a-wallop-to-wind-power-if-tax-credit-ends/
Wind energy is powering new investments in domestic manufacturing, but the impending expiration of a federal tax incentive is threatening the trend, the U.S. Department of Energy says in a report out Tuesday.
Amid election year debate over the wind industry’s 20-year-old federal tax credit, the Energy Department touts the economic benefits of the incentive in a commissioned analysis authored by the Lawrence Berkeley National Laboratory.
...
Several companies across the wind power supply chain, however, have announced scale-backs in U.S. staff and production because of uncertainty surrounding the federal tax incentive.
The wind production
tax credit, which gives a 2.2-cent tax break for every kilowatt-hour of power produced, expires at the end of this year.
The subsidy for wind energy is 2.2 cents per kilowatt-hour. That may not seem like much, but for all of 2011 the wholesale price of electricity was about 5 cents per kilowatt-hour. So the subsidy amounts to 40 percent or more of the wholesale price.
http://blog.heritage.org/2012/02/28/wind-subsidies-vs-oil-subsidies/
Did Obozo also say we need more teachers and other union workers?
Does he want Iowa to make more stuff and sell it over there.
This covers Bozos economic strategy.
Did Obozo also say we need more teachers and other union workers?
Does he want Iowa to make more stuff and sell it over there.
This covers Bozos economic strategy.
Wind energy is a loser. The towers are butt-ugly visual pollution, it is inefficient, noisy, and kills birds. FUBO.
Somebody should tally up all the money that been spent on these “green energy” projects, figure out how many KWH they’ve actually produced, and tell everyone what Obama’s “green energy” is really costing them compared to what it normally costs.
Oh yeah, and sometimes they self-destruct.
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