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Trump admin slaps solar, wind operators with retroactive rent bills

Grand Mal said:
All the right whingers barking here about green energy paying rent, I wonder what they were saying when that jackass Bundy was loudly refusing to pay his BLM bill for grazing his cattle on public land.
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Cattle = food. Should we be raising costs for cattle farmers, thereby raising the price of beef at the grocery store? That doesn't make much sense. Does it?
 
apdst said:
Cattle = food. Should we be raising costs for cattle farmers, thereby raising the price of beef at the grocery store? That doesn't make much sense. Does it?
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Should we be raising the price of clean energy, thereby raising the cost people pay to keep their lights on AND raise the price of food AND raise the price of healthcare due to the additional pollution?
 
I saw this article earlier, but actually read this part.
The Interior Department had stopped charging the rents at the end of 2018 to review company complaints that
former President Barack Obama’s administration had increased them too much, making them uncompetitive with rents on private property.
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The amount of rent in the lease agreement did not go away, the interior department
just stopped asking for the rent, while they reviewed the companies complaints that the rent was not in line
with what they could get from private property.
The complaint was reviewed and found to be baseless, and back rent asked for!
We hear a lot about hos competitive these alternative energy sources to other types of power plants,
but if they have to rent massive amounts of land and then claim the rent is making them uncompetitive,
I have to wonder about the accuracy of the competitive claims?
 
Deuce said:
Should we be raising the price of clean energy, thereby raising the cost people pay to keep their lights on AND raise the price of food AND raise the price of healthcare due to the additional pollution?
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Cynthia Warner over at Renewable Energy Group thanks you from the bottom of her heart for funding her $4.6 million salary + compensation.

Compensation Information for Cynthia J. Warner, President and Chief Executive Officer of Renewable Energy Group, Inc. | Salary.com
 
NWRatCon said:
There are a number of anti-green initiatives being run out by this corrupt administration under the cover of COVID. I think that might be a good new thread, actually. Listing all the corruption being run up "under the cover of COVID." I'm on it!
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I want to know Trump's REASON, the specific reason.
And it will work out to about six pages of RW word salad which will probably translate to "I don't like them because they don't kiss my ass".
But I want to hear Trump SAY the reason.
 
longview said:
I saw this article earlier, but actually read this part.

The amount of rent in the lease agreement did not go away, the interior department
just stopped asking for the rent,
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The timing, however, works out to KICK THEM WHILE THEY'RE DOWN.
Trump's style, for sure.
 
Deuce said:
A tenth of the pay of the Marathon CEO.
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You don't fund the Marathon CEO's salary like you do Cynthia Warner's. But hey! She sure is glad you do...lmao!
 
Checkerboard Strangler said:
The timing, however, works out to KICK THEM WHILE THEY'RE DOWN.
Trump's style, for sure.
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How are they down? They still get their $20 billion a year in corporate welfare. GE still doesn't pay Federal income taxes thank to you supporting it financially.
 
Checkerboard Strangler said:
The timing, however, works out to KICK THEM WHILE THEY'RE DOWN.
Trump's style, for sure.
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Subjective, Trump may not have anything to do with the completion of the review,
just like he likely had nothing to do with stopping collecting the rent in the first place, at the end of 2018.
 
those companies must have executed contracts with the government outlining the rents they were going to be expected to pay
if not, shame on them
if so, then pay as agreed - or if the amount of rents is truly in dispute, take it to court
even tRump is now going before the GSA to ask it to reduce the federal rent on his DC hotel property
if alternative energy companies have a legitimate argument, they should do the same with BLM
 
longview said:
Subjective, Trump may not have anything to do with the completion of the review,
just like he likely had nothing to do with stopping collecting the rent in the first place, at the end of 2018.
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Yeah sure, keep telling yourself that :lamo
 
longview said:
I saw this article earlier, but actually read this part.

The amount of rent in the lease agreement did not go away, the interior department
just stopped asking for the rent, while they reviewed the companies complaints that the rent was not in line
with what they could get from private property.
The complaint was reviewed and found to be baseless, and back rent asked for!
We hear a lot about hos competitive these alternative energy sources to other types of power plants,
but if they have to rent massive amounts of land and then claim the rent is making them uncompetitive,
I have to wonder about the accuracy of the competitive claims?
Click to expand...

Interesting. Thanks for posting this.
 
justabubba said:
those companies must have executed contracts with the government outlining the rents they were going to be expected to pay
if not, shame on them
if so, then pay as agreed - or if the amount of rents is truly in dispute, take it to court
even tRump is now going before the GSA to ask it to reduce the federal rent on his DC hotel property
if alternative energy companies have a legitimate argument, they should do the same with BLM
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It looks like this was the result of them going to court- they lost, and owe back rent.
 
JacksinPA said:
Trump admin slaps solar, wind operators with retroactive rent bills - Reuters

(Reuters) - The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials.

The move represents a multi-million-dollar hit to an industry that has already seen installation projects canceled or delayed by the global health crisis, which has cut investment and dimmed the demand outlook for power.

It also clashes with broader government efforts in the United States to shield companies from the worst of the economic turmoil through federal loans, waived fees, tax breaks and trimmed regulatory enforcement.

U.S. power plant owner Avangrid Inc, majority owned by Spain’s Iberdrola, received a bill for more than $3 million for two years of rent on its 131-megawatt Tule wind project on federal land near San Diego, according to spokesman Paul Copleman.
==========================================================
Coal is on the way out & now solar/wind renewables can't catch a break in the pandemic, where power demand has dropped. And in some states if you put solar panels on your roof to get free of the grid, the utility bills you anyway.
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What does this really have to do with covid?
 
apdst said:
It works. Green energy doesn't. Green energy companies have been getting cash subsidies and corporate welfare for decades. They can pay their ****ing rent.
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Fossil fuel doesn't pay their costs either. Environmental degradation, health outcomes and others are subsidized by taxpayers, while big oil profits.
 
mrjurrs said:
Fossil fuel doesn't pay their costs either. Environmental degradation, health outcomes and others are subsidized by taxpayers, while big oil profits.
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If it woasn't for fossil fuels, most of the planet's population would starve to death
 
apdst said:
If it woasn't for fossil fuels, most of the planet's population would have starved to death by now.
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No, the population just wouldn't have grown so much due to less available food and a higher percentage of the population needing to be farmers.

Regardless, that is no longer relevant. We have the capacity to replace fossil fuels. We should work on doing that because fossil fuels are provably harmful to our health.
 
JacksinPA said:
Trump admin slaps solar, wind operators with retroactive rent bills - Reuters

(Reuters) - The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials.

The move represents a multi-million-dollar hit to an industry that has already seen installation projects canceled or delayed by the global health crisis, which has cut investment and dimmed the demand outlook for power.

It also clashes with broader government efforts in the United States to shield companies from the worst of the economic turmoil through federal loans, waived fees, tax breaks and trimmed regulatory enforcement.

U.S. power plant owner Avangrid Inc, majority owned by Spain’s Iberdrola, received a bill for more than $3 million for two years of rent on its 131-megawatt Tule wind project on federal land near San Diego, according to spokesman Paul Copleman.
==========================================================
Coal is on the way out & now solar/wind renewables can't catch a break in the pandemic, where power demand has dropped. And in some states if you put solar panels on your roof to get free of the grid, the utility bills you anyway.
Click to expand...

Yet tax breaks/loans/halting royalty payments is good to go for oil/gas industry
No doubt a fair number of the crowd will support this stupidity
 
JacksinPA said:
Trump admin slaps solar, wind operators with retroactive rent bills - Reuters

(Reuters) - The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials.

The move represents a multi-million-dollar hit to an industry that has already seen installation projects canceled or delayed by the global health crisis, which has cut investment and dimmed the demand outlook for power.

It also clashes with broader government efforts in the United States to shield companies from the worst of the economic turmoil through federal loans, waived fees, tax breaks and trimmed regulatory enforcement.

U.S. power plant owner Avangrid Inc, majority owned by Spain’s Iberdrola, received a bill for more than $3 million for two years of rent on its 131-megawatt Tule wind project on federal land near San Diego, according to spokesman Paul Copleman.
==========================================================
Coal is on the way out & now solar/wind renewables can't catch a break in the pandemic, where power demand has dropped. And in some states if you put solar panels on your roof to get free of the grid, the utility bills you anyway.
Click to expand...
More people work in solar and wind than in coal and other fossil fuel extraction... anyone told Orange Dumbo this?

Sent from my Honor 8X
 
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