QUICK NEWS, June 16: THE BEST WAY TO GO SOLAR; FACT-CHECK ON WIND SUPPORT
WHAT THE POPE WILL SAY Draft of Pope Francis’ Climate Change Encyclical Leaks; It calls on world governments to work together to fight climate change.
Jason Plautz (w/Clare Foran), June 15, 2015 (National Journal)
“…A 192-page Italian-language version of the encyclical, set to be released Thursday, was leaked by L'Espresso. An official statement from the Vatican says the document [which says global warming is a threat to the world's poor and calls on governments to work together to solve the problem] does not represent the final text...Laudato Sii is meant to influence the United Nations climate talks in Paris at the end of the year, but is expected to also make waves in the national debate about climate change. Green groups and the faith community are calling it potentially one of the most influential documents on climate change, while skeptics have been quick to dismiss the potential impact...Based on a Google translation of the document, here's what you need to know about what the draft says…1) Global warming is real…2) Fossil fuels are a problem...3) Governments should act on climate change—and do it right…4) Poor people are feeling the impact…5) Rich countries should take the burden…” click here for more
THE BEST WAY TO GO SOLAR Most People Choose the Costliest Route to Going Solar
Lisa Halverstadt, June 15, 2015 (Voice of San Diego)
“…About 70 percent of new solar customers in California are getting panels with leases or power purchase agreements, which has them paying for the energy their panels produce rather than regular monthly sums, according to [Banking on Solar: An Analysis of Banking Opportunities in the U.S. Distributed Photovoltaic Market from the National Renewable Energy Laboratory. People] who buy solar panels come away with a better deal over the long haul, but leasing is attractive to people with less to spend up front and who don’t want to make the commitment…Solar experts agree purchasing the panels usually pays off more over the long haul, especially with a federal tax credit that shaves up to 30 percent of the cost off both cash purchases and loans…Twenty or 30 years in, customers who lease or enter into a power purchase agreement with a solar company may still be paying – and end up spending far more…” click here for more
FACT-CHECK ON WIND SUPPORT Setting the record straight on the wind energy tax credit
Mike Garland and Susan Reilly, June 11, 2015 (The Hill)
“…[Contrary to misrepresentations, the American Wind Energy Association (AWEA)… has consistently stated, and as the Government Accountability Office recently confirmed, without a long-term [Production Tax Credit (PTC)] extension U.S. wind power installations will drop, many communities will miss out on the economic opportunities that come with new wind farms, and American consumers will lose out…[The PTC] is the primary federal incentive for wind energy, and provides initial tax relief that has allowed wind industry to scale up against mature industries that continue to get a wide variety of permanent subsidies after up to 100 years. A typical wind farm more than repays all of this short-term tax relief in local, state, and federal taxes over the life of the project…Polls find widespread support for the PTC among Republicans, Independents and Democrats. There are certain interests [like Koch Industries] that manufacture opposition…” click here for more
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