Now it seems they wind industry wants to extend the subsidies another 5 years even though they had promised they would not need additional help.
Only with very generous taxpayer assistance on top of local mandates requiring local utilities to buy wind and solar power can green energy compete.
Big Wind said it will lobby for a continued subsidy so wind power will "have parity" with the solar industry subsidies. The solar industry sun gods get even higher subsidies than wind producers.
Today, natural gas is by far the most cost-efficient source of electric power generation in most markets. Thanks to the shale revolution, natural gas prices have fallen by about two-thirds. Only with very generous taxpayer assistance on top of local mandates requiring local utilities to buy wind and solar power can green energy compete.
No comments:
Post a Comment