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  1. The funds to make Irene victims whole can be found by reducing the extremely excessive subsidies for producing expensive energy with capital-intensive wind and solar systems.

    Almost all summer there has been no wind. To tie Vermont’s economy to wind energy is beyond rational.

    Destroying fragile, pristine, CO2-absorbing ecosystems on top of Vermont’s ridge lines to build expensively-subsidized wind turbines with a lifecycle-cost-of-energy, LCOE, of 10 c/kWh (subsidized) and 15c/kWh (unsubsidized) is beyond rational, as ample CO2-free energy is already available at about 6c/kWh from Hydro-Quebec under long-term contracts.

    These projects exist as tax shelters for the rich to avoid income taxes. What they pay less, others, who are much less wealthy, have to make up for. There is no free lunch.

    Federal subsidies are:

    - 30% of the capital cost of $25 million as a gift.
    - production tax credit of 2.2 cent/kWh for 10 years,
    - 5-yr accelerated depreciation write-offs,
    - PLUS state subsidies that also reduce their state income taxes.

    All enable the top 1% of households that “invest” in such project to avoid federal and state income taxes for many years.

    Households and small businesses, already stressed because of the nearly-no-growth economy and declining household incomes and business profits since 2007 get “rewarded” with increased electric bills to pay for the expensively-produced wind energy that does not reduce CO2 emissions anywhere near to what is claimed by promoters, such a Shumlin, Blittersdorf, wind turbine vendors, etc.

    Read these articles and you will be much better informed about wind energy.

    http://theenergycollective.com/willem-post/83704/reduce-co2-and-slow-global-warming
    http://theenergycollective.com/willem-post/84293/wind-turbine-noise-and-air-pressure-pulses
    http://theenergycollective.com/willem-post/89476/wind-energy-co2-emissions-are-overstated
    http://theenergycollective.com/willem-post/98061/irelands-wind-energy-export-plan

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