• Subsidies for Off-shore wind don't go to ratepayers

    From ScottW@21:1/5 to All on Fri Jul 14 20:29:44 2023
    President Joe Biden's Interior Department last week approved what will be the nation's largest offshore wind farm located about 13 miles off the coast of Atlantic City. One day later, New Jersey Democratic governor Phil Murphy signed a bill that provides
    Denmark-based company Orsted, which will build the wind farm, with lucrative tax breaks. While that money was supposed to go to ratepayers to alleviate higher costs, the measure allows the foreign company to pocket the cash. As a result, the state's
    Division of Rate Council—an independent group that represents New Jersey ratepayers—says the project will raise rates.

    "It should be clear that statements claiming that this bill will not cost ratepayers additional costs are inaccurate," the council said in a statement. Republican congressman Chris Smith (R., N.J.) similarly said the wind farm "will force residents—who
    are already being crushed by an unfair tax burden and an exorbitant cost of living due to high inflation—to pay more for their electric bills."

    Nice Job Joe. Here's a little girl to nibble.

    ScottW

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  • From Art Sackman@21:1/5 to ScottW on Fri Jul 14 22:40:22 2023
    On Friday, July 14, 2023 at 11:29:45 PM UTC-4, ScottW wrote:
    President Joe Biden's Interior Department last week approved what will be the nation's largest offshore wind farm located about 13 miles off the coast of Atlantic City. One day later, New Jersey Democratic governor Phil Murphy signed a bill that
    provides Denmark-based company Orsted, which will build the wind farm, with lucrative tax breaks. While that money was supposed to go to ratepayers to alleviate higher costs, the measure allows the foreign company to pocket the cash. As a result, the
    state's Division of Rate Council—an independent group that represents New Jersey ratepayers—says the project will raise rates.

    "It should be clear that statements claiming that this bill will not cost ratepayers additional costs are inaccurate," the council said in a statement. Republican congressman Chris Smith (R., N.J.) similarly said the wind farm "will force residents—
    who are already being crushed by an unfair tax burden and an exorbitant cost of living due to high inflation—to pay more for their electric bills."

    Nice Job Joe. Here's a little girl to nibble.

    afraid of the old geezer.

    The best part was at the end, when he went for a sniff. the baby recoiled and was

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  • From mINE109@21:1/5 to ScottW on Sat Jul 15 09:44:27 2023
    On 7/14/23 10:29 PM, ScottW wrote:
    President Joe Biden's Interior Department last week approved what
    will be the nation's largest offshore wind farm located about 13
    miles off the coast of Atlantic City. One day later, New Jersey
    Democratic governor Phil Murphy signed a bill that provides
    Denmark-based company Orsted, which will build the wind farm, with
    lucrative tax breaks. While that money was supposed to go to
    ratepayers to alleviate higher costs, the measure allows the foreign
    company to pocket the cash. As a result, the state's Division of Rate Council—an independent group that represents New Jersey
    ratepayers—says the project will raise rates.

    "It should be clear that statements claiming that this bill will not
    cost ratepayers additional costs are inaccurate," the council said in
    a statement. Republican congressman Chris Smith (R., N.J.) similarly
    said the wind farm "will force residents—who are already being
    crushed by an unfair tax burden and an exorbitant cost of living due
    to high inflation—to pay more for their electric bills."

    Yes, that Jersey shore high cost of living.

    Nice job of slanting facts. Your (unnamed as always) cite about New
    Jersey legislation puts Biden up front followed by "Democratic governor
    Phil Murphy." It's like the bill originated in the Interior and was
    signed by Murphy with no state legislative action.

    Background:

    https://www.inquirer.com/news/nj-offshore-wind-tax-credits-whales-20230630.html


    "New Jersey lawmakers narrowly approved a controversial bill Friday that
    would allow offshore wind developers to take advantage of federal tax
    credits that an existing state law prohibits them from accessing...

    The bill was contentious among offshore wind opponents because money
    from the tax credits was originally set to be returned to the state’s
    energy consumers."

    Also better:

    https://newjerseymonitor.com/2023/06/30/lawmakers-pass-controversial-bill-to-give-tax-break-to-offshore-wind-developer/

    Hed: Lawmakers pass controversial bill to give tax break to offshore
    wind developer

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  • From Art Sackman@21:1/5 to All on Sat Jul 15 07:48:15 2023
    On Saturday, July 15, 2023 at 10:44:30 AM UTC-4, mINE109 wrote:
    On 7/14/23 10:29 PM, ScottW wrote:
    President Joe Biden's Interior Department last week approved what
    will be the nation's largest offshore wind farm located about 13
    miles off the coast of Atlantic City. One day later, New Jersey
    Democratic governor Phil Murphy signed a bill that provides
    Denmark-based company Orsted, which will build the wind farm, with lucrative tax breaks. While that money was supposed to go to
    ratepayers to alleviate higher costs, the measure allows the foreign company to pocket the cash. As a result, the state's Division of Rate Council—an independent group that represents New Jersey ratepayers—says the project will raise rates.

    "It should be clear that statements claiming that this bill will not
    cost ratepayers additional costs are inaccurate," the council said in
    a statement. Republican congressman Chris Smith (R., N.J.) similarly
    said the wind farm "will force residents—who are already being
    crushed by an unfair tax burden and an exorbitant cost of living due
    to high inflation—to pay more for their electric bills."
    Yes, that Jersey shore high cost of living.

    Nice job of slanting facts. Your (unnamed as always) cite about New
    Jersey legislation puts Biden up front followed by "Democratic governor
    Phil Murphy." It's like the bill originated in the Interior and was
    signed by Murphy with no state legislative action.

    Background:

    https://www.inquirer.com/news/nj-offshore-wind-tax-credits-whales-20230630.html


    "New Jersey lawmakers narrowly approved a controversial bill Friday that would allow offshore wind developers to take advantage of federal tax credits that an existing state law prohibits them from accessing...

    The bill was contentious among offshore wind opponents because money
    from the tax credits was originally set to be returned to the state’s energy consumers."

    Also better:

    https://newjerseymonitor.com/2023/06/30/lawmakers-pass-controversial-bill-to-give-tax-break-to-offshore-wind-developer/

    Hed: Lawmakers pass controversial bill to give tax break to offshore
    wind developer

    POTUS
    Pervert of The United States

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