Big Oil Claims The Wind, Oklahoma Caves To lobbyists

Oklahoma claims it owns the wind, caves in to oil and gas lobby and seeks to set the nation’s highest tax on wind power. Oklahoma’s governor plans to tax the renewable energy industry out of existence while phasing out tax credits for the wind industry. Just when you thought it couldn’t get more insane. Just when you thought it couldn’t get more insane – Wyoming Bill Would Outlaw #renewableenergy via @EcoWatch https://t.co/7V1Dg3MohU — Robert F. Kennedy Jr (@RobertKennedyJr) 17 January 2017 The Free Thought Project reports: In a slavish display of fealty to the oil and gas industry, Oklahoma Governor Mary Fallin put forward a plan in the executive budget proposal to tax the state’s wind industry out of existence. By ending tax credits — ahead of schedule — and imposing the nation’s highest tax on wind power, this Oklahoma law would make renewable wind energy cost-prohibitive while enriching the fossil fuel industry. EcoWatch reports, “The budget proposes a .5 cent per kilowatt-hour on wind energy—five times the wind tax in Wyoming, which along with South Dakota are the only states that tax wind energy—and accelerates the end of a tax credit, currently set to expire in 2021.” The governor’s [...]

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