“Windfall” the movie to debut at the Toronto International Film Festival this September

Watch the trailer:   WINDFALL

Former editor Laura Israel, meanwhile, makes her directorial debut with “Windfall,” which Powers said, “shows a real sense of craft,” in its look at the dark side of wind energy development and the potential for financial scams. ~ Indiewire

Synopsis:  What do we really know about wind power?  We are told it is “green energy” and reduces our dependency on foreign oil.  That’s exactly what the people in Meridith, a town in upstate New York thought when a developer offered to supplement their town’s failing economy with a farm of their own – that is 40 industrial wind turbines.  Attracted at first to the financial incentives, some of the townspeople grow increasingy alarmed as they find out about side effects they had never anticipated.  WINDFALL exposes the dark side of wind energy development and the potential for highly profitable financial scams.  With wind development in the U.S. growing annually at a rate of 39%, WINDFALL is an eye-opener for anyone concerned about the future of renewable energy.

7 thoughts on ““Windfall” the movie to debut at the Toronto International Film Festival this September

  1. Wow! What an opportunity to get the message out to people everywhere.

  2. Someone should send all the MPP’s a free ticket for this movie…….maybe include all the CANWEA employees and ……ahh, what the heck…………every Wind Company employee too along with OSEA employees……………

    Then take a head count on who shows up…………..NOOOOOOOBODY!

  3. Is this a possible venue for a “Health Studies Before Wind Turbines” demonstration group?

  4. Only a very small portion of our electric supply is generated by using oil. Just more Green propaganda that people bought into.

    Hope this movie is viewed by a great many people all over North America.

  5. The Toronto International Film Festival organizers need to be congratulated for showing Laura Israel’s film. A large screen presentation should provide more people with the opportunity to see the reality and consequences of industrial wind turbines moving into the neighbourhood. More people are negatively affected than those who make a few bucks with leases. Watching the trailer provides an insight as to what people hoped would be provided by having industrial wind turbines and the false beliefs that industrial wind turbines will provide power if the grid goes down. If the grid goes down even industrial wind turbines provide no power as industrial wind turbiens need power to produce power. It is hard to watch a once beautiful landscape with country homes now within that industrial mess. A sick kind of feeling should be felt as that mess is for nothing more than getting money for nothing. If they are selling DVD’s let us know.

  6. This is what the “wind industry” is all about, enlighten yourself, ask a wind company executive if they weren’t getting what is conveyed by this publication, would they be in the wind business?

    A LANG MICHENER LLP Publication, by David E. Thring Chair, Banking Finance Group;

    Developing Wind Energy in Ontario: Financial Incentives

    The single greatest challenge to developing a wind farm is to locate it where there is sufficient wind. A typical wind farm will have 15 to 20 large turbines with a capacity to generate 22 to 30 megawatts (“MW”) of electricity. But the site must also be located in reasonable proximity to the existing power grid to allow for tie-in and it must be able to meet the requisite zoning, environmental and other regulatory approvals. Once a site has been found and tested, the owner usually seeks a longterm power purchase agreement to set the sale price for the energy produced. Although the gap is narrowing, production costs of wind
    energy still exceed those of less environmentally friendly sources of energy (such as fossil fuels and nuclear energy). The federal government and most provinces have introduced programs and policies to address those differences and encourage production of wind energy. In Ontario,
    whether or not a project will be a viable business venture may ultimately depend on those programs. This paper briefly describes the financial incentives that are currently available.

    Flow-through shares

    Provisions in the Income Tax Act (Canada) (“ITA”) allow most expenditures made to develop a test wind energy project to qualify as a “Canadian renewable and conservation expense” (“CRCE”).
    Under the ITA, “Canadian exploration expense” (“CEE”) includes any CRCE incurred by a taxpayer. Consequently, a corporation that is developing a wind farm can issue flow-through shares to investors. The corporation can renounce CEE incurred by it and, subject to certain conditions in the ITA, the owners of the flow-through shares will be deemed to have incurred CEE renounced by the corporation and will be able to deduct 100% of CEE allocated to them from their other income.
    Expenses that are eligible to qualify as CRCE include the cost of feasibility studies and wind studies, the cost of preparation and negotiation of power purchase agreements, site approval and certain site preparation costs, and the cost of test wind turbines. The number of test wind turbines that can be installed at a site is limited to intervals or space between turbines of not less than 1.5 kilometres for a test period of at least 120 days before in-fill wind turbines may be installed.

    Subsidies

    The wind power production incentive (“WPPI”) is paid by the federal government to developers for the first 1,000 MW of newly installed wind energy generation capacity between 2002 and 2007.
    The WPPI incentive can be claimed for every kilowatt hour of net production during the first 10 years of production at the rate of $0.01 per
    kilowatt hour if the project is commissioned before March31, 2006, and $0.008 per kilowatt hour if the project is commissioned after March 31, 2006 but before March 31, 2007. Industry participants are hopeful that the federal government will extend or increase the WPPI. Under the federal government’s market incentive program (“MIP”)
    electrical utilities, retailers and marketers can apply for reimbursement for market-based programs that promote the sale of electricity from wind energy to residential and small business customers. The federal government will provide a short-term financial incentive of up to 40% of
    the eligible cost of an approved project, to a maximum contribution of $5 million per program. This particular incentive may be of more interest to a purchaser or distributor of electricity generated by a wind farm, rather than the owner or developer.

    Renewable portfolio standards

    The federal government’s “purchase of electricity from renewable resources” (“PERR”) program aims to provide leadership towards the development of consumer markets for electricity generated from wind
    and other renewable sources. This initiative commits the federal
    government to purchase electricity from these sources for use by federal
    facilities. The Ontario government has set targets of generating 5% (1,350 MW) of Ontario’s total energy capacity from renewable sources by 2007, and 10% (2,700 MW) by 2010. A recent Request for Proposal seeking an additional 300 MW of new, renewable electricity capacity for Ontario constitutes the first step towards attaining these renewable energy targets. The government of Ontario has also recently amended the Electricity Act, 1998 to restructure Ontario’s electricity sector, encourage the expansion of electricity supply and capacity, including supply and capacity from
    alternative and renewable energy sources such as wind energy, facilitate load management and electricity demand management, encourage
    electricity conservation and the efficient use of electricity, and regulate prices in parts of the electricity sector.

    Tax incentives

    Under the ITA, an accelerated depreciation rate of 30% per annum is available, subject to various qualifications and limitations, for capital assets which qualify under Class 43.1 and are used to generate energy from renewable and alternative energy sources in Canada. Ontario has recently announced its intention to retroactively revoke tax
    incentives to generate electricity from renewable sources that had been passed into law in 2002. The 2002 legislation had provided accelerated
    asset depreciation and a 10-year tax holiday from income and property taxes for corporations that generate electricity from renewable sources.
    Just two tax incentives for such activities will remain in Ontario. First, capital properties bought between November 25, 2002 and January 1,
    2008 that are used to generate electricity from renewable sources are excluded from the computation of capital tax. (Capital tax is generally
    payable by corporations with taxable paid-up capital in excess of $7.5 million at a rate of 0.3% of the corporation’s paid-up capital, liabilities,
    retained earnings and other surplus accounts). Second, an owner of a generating facility that delivers electricity to either the grid controlled by
    Ontario’s Independent Electricity Market Operator or to any other person in Ontario, is entitled to a rebate of retail sales tax paid upon tangible
    personal property incorporated into such a facility.

    Emission reduction credits

    It is anticipated that markets for emission reduction credits (“ERCs”) may develop to allow trading in ERCs in North America, and that this may occur whether or not the U.S. formally adopts the Kyoto Protocol. Generating electricity from renewable sources such as wind can create ERCs by displacing electricity generated from fossil fuel sources. The ERCs can then be purchased and used by businesses that generate and emit greenhouse gases – CO2and other gases – to effectively lower their overall emission levels and to meet regulatory or industry standards.
    Consequently, ERCs represent a potential revenue opportunity for developers of wind energy projects, but the market is at an early stage of
    development.

    Conclusion

    The federal and Ontario governments have created financial incentives that will be attractive to developers of wind energy projects. Non-financial incentives, such as relaxing of environmental review thresholds and
    facilitating grid access for wind generation projects, would also be of considerable assistance. These initiatives are welcome and reflect a
    commitment by governments to develop a clean, sustainable energy supply that can supplement nuclear and fossil fuel energy sources. It
    should also be noted that this paper has only discussed financial incentives available in Ontario. Other provincial governments have
    introduced a variety of incentives to stimulate development of wind energy projects including, for example, the refundable tax credit, which is
    available in Quebec.

  7. Whatever country in the world, the same stories of deceipt, lies and government collusion abound. This will surely be the Scam that shows the banking collapse as a minor inconvenience in comparison. Great film and it addresses all issues bar one. We are now faced with turbines of some 150 metres(500ft) with blade spans of 100metres. Truly Olympic in comparison but be aware that many companies are planning to upgrade their smaller turbines to these monstrosities for the increased ability to harvest even greater subsidies.

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