Wind Tax Windfalls, Nuclear Tax Burdens

This Week in Nuclear Episode #78 – MP3 File

In this episode of This Week in Nuclear I interview Joseph Somsel, the author of “How Taxes Pervert Our Energy Choices”. 

Our discussion covered a wide range of topics including:

• How favorably short depreciation schedules for wind have created a “gold mine” for investors, virtually independent of how much electricity the wind turbines produce.
• How nuclear investors would benefit if new nuclear plants received the same treatment as new wind turbines.
• How tax law have created hidden massive subsidies for wind energy, but added tax burdens for nuclear.
• A creative option for funding the industrial infrastructure needed for nuclear fuel cycling.
• Comparisons of the lifetime energy provided by similar investments in wind and nuclear.
• Who pays for new transmission lines to support new wind turbines and new nuclear plants.
• What do nuclear loan guarantees actually guarantee?

Be sure to read some of Mr. Somsel’s other works.  Here are a couple of places to start:

• The American Thinker
• Energy Pulse

John Wheeler