If you could get 65% of your renewable energy project subsidized would you be thinking about green energy for a data center? Here is a project in Oregon that is controversial.
The cost of green: Huge eastern Oregon wind farm raises big questions about state, federal subsidies
Published: Saturday, March 12, 2011, 4:32 PM Updated: Sunday, March 13, 2011, 2:54 PM
Randy L Rasmussen/The OregonianWillow Creek Valley landowner Clyde Smith sold out to the developers of Shepherds Flat wind farm in Eastern Oregon. He calls the heavily subsidized project a taxpayer "boondoggle."
Here are more details.
Stacking federal, state and county subsidies is perfectly legal. But the result is that taxpayers who subsidize a project may bear a greater burden for development than the company that profits from it.
For Shepherds Flat, for instance, federal, state and local subsidies total more than $1.2 billion, about 65 percent of its $1.9 billion cost, according to a White House memo.
Caithness Energy, the New York-based developer of Shepherds Flat, did not respond to numerous phone calls from The Oregonian or detailed questions e-mailed to the company concerning the White House analysis and the company's state tax breaks.