baltimoresun.com

« Make financial literacy courses mandatory | Main | Can the IRS really do this? »

March 28, 2011

Pipkin: Offshore wind is a tax on Marylanders

Sunday's column criticized Gov. Martin O'Malley's proposal to build a grandiose set of offshore wind generators. Eastern Shore Republican delegate E.J. Pipkin, who has long been vocal on Maryland energy issues, says offshore wind is a multibillion-dollar "tax" on Marylanders. (It's not really a tax, but it would act like one.)

In an interview with MarylandReporter.com, Pipkin says, "Only a very narrow group of developers are going to be able to get the real benefits from this." The projects "is extremely costly to consumers," he says, "an aggressive project of 120-plus windmills off the coast of Ocean City.... It's hard to get away from that."

People argue about the ultimate cost, Pipkin says, but whatever the number "it's still multibillion dollars in additional tax."

Posted by Jay Hancock at 10:28 AM | | Comments (4)
Categories: BGE/electricity
        

Comments

Perhaps calling it a tax is a bit much.

A better name for it would be "massive reverse welfare payment" since we'll be moving large amounts of money (it total) from the lower and middle classes to the few developers who are in on the deal.

I wrote this up into a blog post for the Maryland Public Policy Institute as well, if anyone is interested:

http://www.mdpolicy.org/policyblog/detail/reverse-welfare

Expensive.
Ineffective.
Unnecessary.
Oo! It's green! The idea is to save the earth from CO2 warming when there is no such thing. [Scream at me if you wish, but global warming is a scam and the aruments for it are laced with lies.]
Reducing dependence on deminishing resources is a good goal, but the means has to be effective to make a difference. Wind energy has not been effective.

Martin O'Malley is a bird killer.

Great headline and the truth is windmills kill birds.

http://dailycaller.com/2011/03/29/bird-group-calls-for-end-to-wind-energy-due-to-threats-to-species/

Post a comment

All comments must be approved by the blog author. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Verification (needed to reduce spam):

About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
-- ADVERTISEMENT --

Most Recent Comments
Baltimore Sun coverage
Sign up for FREE business alerts
Get free Sun alerts sent to your mobile phone.*
Get free Baltimore Sun mobile alerts
Sign up for Business text alerts

Returning user? Update preferences.
Sign up for more Sun text alerts
*Standard message and data rates apply. Click here for Frequently Asked Questions.
Charm City Current
Stay connected