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Profile Information

Gender: Female
Hometown: NE New York
Home country: USA
Current location: Serious Snow Country :(
Member since: 2003 before July 6th
Number of posts: 132,182

Journal Archives

The Tax Reform Bill Could Hurt Wind and Solar Power

The Republican tax plan headed for a vote in the Senate could halt the rapid growth in solar and wind power in the United States.

An obscure provision of the tax bill — part of a provision to limit tax deductions for certain overseas activities — threatens a financing mechanism that generated $13 billion in investment in U.S. renewable energy this year, according to energy research firm Bloomberg New Energy Finance.

“This is Defcon One,” says Gregory Wetstone, president of the American Council On Renewable Energy. “It would simply undermine the financial structure that is critical for renewable energy and bring a booming sector to a halt.”


The Senate tax bill would create a tax on such investments provided by multinational corporations. The exact rate of that tax would vary from company to company, but could be as high as 100% in some cases. It would also apply retroactively to previous tax years, meaning headaches for companies that have financed renewable energy projects in the past.

Still, the provision could wind up not becoming law even as the tax bill appears increasingly likely to pass. BNEF analyst Stephen Munro described the potential harm to the renewable energy industry as “collateral damage” rather than a deliberate attempt to hurt wind and solar power. That fact increases the chances that lobbyists will succeed in pushing the Senate to strike the provision. The tax bill that passed the House of Representatives does not contain a similar provision.

More: http://time.com/5042881/tax-reform-bill-solar-wind-power-renewable-energy/?utm_source=time.com&utm_medium=email&utm_campaign=the-brief&utm_content=2017120112pm&xid=newsletter-brief
Posted by Rhiannon12866 | Sat Dec 2, 2017, 04:48 AM (0 replies)

Google Bought Enough Wind Power To Match 100 Percent Of Its Energy Use From 2017

Update | Google is going green—green enough to offset its entire nonrenewable energy consumption.

The company announced Thursday that it had purchased enough wind and solar energy to match 100 percent of the energy required to run its products in 2017. The clean energy purchases brought the company’s total wind and solar capacity to over three gigawatts.

“With solar and wind declining dramatically in cost and propelling significant employment growth, the transition to clean energy is driving unprecedented economic opportunity and doing so faster than we ever anticipated,” Gary Demasi, Google’s director of global infrastructure, said in a statement.

Google signed three contracts to reach its 2017 goal. The company purchased 140 megawatts from the Grand River Dam Authority’s Oklahoma wind farm; 200 megawatts from EDF Renewable Energy’s Iowa wind farm; and 196 megawatts from Avangrid Renewables’ two South Dakota wind farms.


In the last six years, wind energy costs dropped by 60 percent and solar by 80 percent, according to a statement from Urs Hölzle, Google’s senior vice president of technical infrastructure, last year.

More: http://www.newsweek.com/google-will-be-powered-only-wind-and-solar-citing-massive-savings-728745

Wind-turbine generators in Desert Hot Springs, California, in 2011.
Posted by Rhiannon12866 | Sat Dec 2, 2017, 04:09 AM (2 replies)

The Daily Show: The Mike Flynn "Lock Her Up" Yule Log

Curl up and enjoy the Mike Flynn “Lock Her Up” Yule Log, just in time for the holiday season!
Posted by Rhiannon12866 | Fri Dec 1, 2017, 09:29 PM (1 replies)

Seth Meyers: Matt Lauer's New Office, Kellogg's Super Mario Cereal - Monologue - 11/30/17

Point, Counterpoint: Net Neutrality, Sexual Harassment

Seth moderates Late Night writers Ally and Amber as they share conflicting points of view on important issues, like Jared Kushner's role in the White House.

Seth’s Favorite Jokes of the Week: Kid Named Olivia Garton, This Year's Least Popular Gift

Seth's favorite jokes from the week of November 27.
Posted by Rhiannon12866 | Fri Dec 1, 2017, 09:22 PM (0 replies)

Stephen Colbert - Monologue and Opening - 11/30/17

Rex Tillerson Is Rumored To Have Upset The Moron

The small-but-not-mighty U.S. State Department might be in for a shake-up with rumors of Rex Tillerson's firing.

Trump's Tax Bill Helps One Man In Particular

The President's new tax bill appears to favor the average golf course-owning, private plane-flying millionaire. Sound like anyone we know?

Geraldo Rivera, The Lone Matt Lauer Sympathizer

Fox News' Geraldo Rivera amended our current rules on sexual harassment with a Bill O'Reilly of Rights.

Melania Trump Is Dreaming Of A Dark Christmas

First Lady Melania Trump (Laura Benanti) is only planning the White House's Christmas festivities and definitely not her getaway.

Yet Another Morning Show Ridden With Sexual Misconduct

Don't talk to me until I've had my morning cup of a TV personality apologizing for sexual misconduct.
Posted by Rhiannon12866 | Fri Dec 1, 2017, 04:57 AM (2 replies)

The Daily Show: From the Tax Plan to Libya, Everything Goes Back to Trump

Donald Trump boasts about the GOP tax bill at a campaign rally, and Trevor explains how the president's attacks on journalism have had an impact on slavery in Libya.
Posted by Rhiannon12866 | Fri Dec 1, 2017, 01:11 AM (0 replies)

Seth Meyers - Matt Lauer Sexual Harassment Allegations; Trump's Unhinged Tweets: A Closer Look

Seth takes a closer look at how the national reckoning over sexual harassment continued yesterday with the firing of TODAY show host Matt Lauer and how President Trump is becoming increasingly unmoored from reality.
Posted by Rhiannon12866 | Thu Nov 30, 2017, 11:23 PM (1 replies)
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