Iberdrola Renewables

Fiscal Cliff Deal Saves Big Wind for Another Year

wind turbineThe “fiscal cliff” agreement was not only low-lighted by a wholesale surrender on taxes and spending by the Republicans, but also featured special favors and breaks for recreational industries like film production ($430 million) and motorsports ($70 million), as well as the sector that has been oft-criticized since President Obama entered the White House: renewable energy.

Green Tech Doesn't Need Taxpayer 'Investment'

Google logoPresident Obama said in his State of the Union speech last month that he would not “walk away from the promise of clean energy,” and according to a Politico report, he “doubled-down” on the promise by highlighting (more) commitments to federal grants and incentives for wind energy, solar power and natural gas vehicles in quasi-campaign speeches out West.

Taxpayers Take Hit as Layoffs, Bankruptcies Plague Green Firms

Ener1 photoFederal tax credits, loan and grant programs that expired at the end of last year have plugged the financial flow that made so-called “renewables” and electric vehicles viable, so they are now shedding employees and going bankrupt, illustrating that the “clean” industry owed its existence solely to government.

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