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US Offshore Wind Jobs are Highly Exaggerated
By David T. Stevenson, Director
Center for Energy & Environmental Policy
May 13, 2022
Offshore wind supporters like to quote a Wood Mackenzie research study that says building 29,000 megawatts (MW) of offshore wind electric generating capacity on the Atlantic seaboard by 2030 will create 80,000 annual full-time US jobs between 2025 and 2030.
Extrapolating from an actual approved project leads to an estimate of only about 5,500 jobs, and even that number may be high. Further, the study ignores possibly over 25,600 jobs potentially lost from huge electric p
OPEN POSITION: Director of Development - Virtual in DE or Nearby State Posted: May 3, 2022 About the Caesar Rodney Institute Caesar Rodney Institute is a respected non-profit, nonpartisan, public policy research organization in Delaware that provides the public, state and local legislators and their staffs, and private sector corporations with opportunities to work together to develop policies and programs that promote economic freedoms, limited government, and civil liberties. About the Role In the last two years, CRI has accomplished a number of public policy successes on a modest budget. After rigorous review, CRI's efforts have been recogni...[read more]
Delaware's 204.07% Personal Income Tax rate harms small business owners By Charlie Copeland, Director Center for Analysis of Delaware's Economy & Government Spending Several decades ago, Delaware instituted a gross receipts tax, aka Delaware's hidden sales tax, that is applied to the business rather than the consumer. When instituted, the tax was meant to be temporary to handle a budget shortfall. So, why does Delaware still impose this tax when 45 other states have repealed it? A gross receipts tax (GRT) is a horrible public policy. This tax on Delaware's small business ...[read more]
University of Delaware research paper on offshore wind costs gets an "F" By David T. Stevenson, Director Center for Energy & Environmental Policy April 12, 2022 -published also in the Delaware State News and Delaware Business Now (Talk Radio Interview: The Rick Jensen Show " CRI tells Rick Jensen UD Wind Power Project cost to consumers is absurdly low-you'll pay more!") A recently-released research paper from the University of Delaware (UD) reports that the cost of power from a proposed 800-megawatt offshore wind project would fall within current wholesale power prices. In reality, offshore wind power will...[read more]
Delaware needs a "tax-free carbon holiday" to review RGGI's wasteful program By David T. Stevenson Center for Energy & Environmental Policy April 6, 2022 You may not be aware that Delaware has a tax on carbon dioxide emissions from power plants. In 2009 power companies were required to start buying allowances from the Regional Greenhouse Gas Initiative (RGGI) program to emit carbon dioxide. The allowance cost was added to electric bills but was hidden from customers. So far, under the RGGI program, Delaware has received $187 million in revenue, and as much as $100 million may ...[read more]