A list of things Harry fails to mention about ‘green’ energy

As per usual, Harry Reid’s opus on renewable energy projects in Nevada — “Playing to win in Clean Energy,” produced at your expense — leaves out more than it tells.

Harry touts SolarReserve’s Crescent Dunes project near Tonopah, which will use mirrors to reflect sunlight on a 528-foot tower to liquefy salt and drive a turbine, as creating 600 jobs during construction, but fails to mention that it should take no more than 50 workers to operate it — a bargain at $13.8 million each if you only calculate the $692 million in  stimulus funds and take no account of the $737 million loan guarantee.

Harry at his clean energy summit

He mentions the grants and loan guarantees we taxpayers put up, but never mentions that the NV Energy ratepayers will be paying 13.5 cents per kilowatt-hour to buy power from the facility. The current residential rate is about 12 cents per kwh.

He fails to mention board members of SolarReserve contributed to his campaigns. Nor does he mention a major benefactor in SolarReserve is Nancy Pelosi’s brother-in-law.

Harry then mentions the 225 construction jobs created by Spring Valley Wind project without noting there will be only 13 permanent jobs. He didn’t mention that the power from those windmills will cost 9.8 cents per kwh — at least double and possibly triple the cost for power from gas-fired turbines located closer to those who use it. Nor does he mention the number of golden eagles killed by wind turbines in California.

Ormat Geothermal’s several projects’ 330 construction jobs are mentioned along with the 65 permanent jobs, as well as $350 million loan guarantee and production tax credit, which is set to expire at the end of the year unless Congress extends it. He makes no mention of the financial problems Ormat has been having — “significant doubt about the company’s ability to continue as a going concern” — or the fact he has been running interference for the company.

The 235-mile One Nevada Transmission line, needed to carry all this expensive renewable energy to market, was given $363 million of federal tax largesse, and Harry mentions the 400 construction jobs. He fails to mention the project is idle now because power line towers collapsed during a December wind storm.

Harry’s spiel includes:

“Nevada’s renewable electricity standard has proven to be one of the most effective tools for creating demand for clean energy generation. However, the challenge remains for ensuring demand for clean energy gen­eration in future years.

“The enactment of a nation-wide renewable electric­ity standard would help sustain demand for Nevada’s renewable electricity resources. In fact, each of the clean developers surveyed for this report reported that enactment of a federal renewable electricity standard could expand demand for renewable energy.”

Demand? That is not demand. That is force feeding like a goose for foie gras.

And a survey of clean energy developers that says a renewables standard could increase demand is like a survey of bank robbers saying a ban on alarms and armed guards will improve the banking system.

Renewable projects are propped up on the front end and then supported for the life of the facilities by excessive power bills and tax breaks.

Harry concludes with this bit of balderdash:

“Nevada’s economic future will be much brighter if we can make the Silver State into the vibrant core of a Western and national clean energy market opportunity unlike anywhere in the world.”

He also called for extending, expanding and creating federal incentives, policies and programs that give billions in tax dollars to renewable energy producers. Today the Senate rejected extension of two of those programs — so-called 1603 grants and production tax credits. Sixty votes were needed to embed those giveaways in the transportation bill, but it failed 49-49.

Now here is the voice of reality from NPRI’s Geoffrey Lawrence:

The Economist also reports that for every one renewable energy job created through government mandates and price supports in Spain, 2.2 jobs were destroyed elsewhere in the economy.

“The inevitable conclusion is that Nevada’s renewable portfolio tax is limiting — not promoting — job growth within the state. According to the U.S. Department of Energy, Nevada already has the highest electricity costs in the Intermountain West. The renewable portfolio tax only exacerbates this trend and renders Nevada a less attractive destination for investment.

“The renewable portfolio standard is an affront to liberty, consumer choice and the market process. It is a regressive tax that stifles job growth and economic recovery. It’s high time that lawmakers remove this onerous burden.”

13 comments on “A list of things Harry fails to mention about ‘green’ energy

  1. Don says:

    I fail to comprehend how the tax payer foots near half the cost of construction and the price of power is still 5 times the cost of coal or NG fueled power. My guess is that the return for the politically connected investor’s once the 13.5 per kWh starts rolling in will be very high.

    One agin we’re getting conned by Senator Reid

  2. Now you know how the foie gras goose feels, Don.


  3. Athos says:

    I need an end to the insanity. Jefferson said it best, 236 years ago: “He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.”

    If I remember correctly, the good guys WON that contest.

    I refuse to believe men of strong moral character died out with my father’s generation.

  4. Ask the average American the source of that quote, Athos, their eyes will glaze over.


  5. Steve says:

    The average Americans eyes glaze over at the word algorithm or the equation E=IxR.

    You want them to take note of a quote from all those centuries ago?

    You might as well expect the truth from a politician.

  6. OK, Ohm’s law I know, but I confess to not recognize the formula.


  7. Steve says:

    But you did not allow your eyes to glaze, you showed interest.

    That is a difference.

  8. Vernon Clayson says:

    We fool ourselves if we believe Harry Reid’s statements or interest have anything to do with residents of Nevada, he writes for the the proponents of this farce, that’s his friends and relatives that will profit from the programs, and the Congressional Record to build his resume for another run to majority leader. He appers so craven that he overlooks encroaching socialism and Islamism, it’s as if he believes maintaining the age old Democrat vs. Republican ruse of opposition that enough people will fall for the likes of him, Obama, Pelosi, etal., as if only they can govern – to say nothing about there being little difference once they get to Washington and get an idea how great the power and pelf is just by going along, once there they are not arch enemies.

  9. No, Vernon, Harry and his ilk don’t want to govern, they want to rule.


  10. Vernon Clayson says:

    The rat race is over, the rats won, Harry Reid is the king rat. He is every bit the danger that Obama is to the American people, our very own Lenin from little old Nevada.

  11. […] if that tax break dries up the jobs of the 13 employees operating the Spring Valley Wind project are probably safe, since most of the expense is in the capital investment and it has a long-term contract to sell […]

  12. […] He talked about doubling the number of solar and wind energy projects — proven job killers. […]

  13. […] Back in 2011 a company called Solar Reserve announced it was building a $1 billion solar powered electricity generating project near Tonopah called Crescent Dunes. President Obama’s Department of Energy backed the project with a $737 million federal loan guarantee. […]

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