Wind-power subsidies? No thanks. From April 1, 2013 . . ."Government subsidies to new wind farms have only made the industry less focused on reducing costs. In turn, the industry produces a product that isn’t as efficient or cheap as it might be if we focused less on working the political system and more on research and development. After the 2009 subsidy became available, wind farms were increasingly built in less-windy locations, according to the Department of Energy’s “2011 Wind Technologies Market Report.” The average wind-power project built in 2011 was located in an area with wind conditions 16% worse than those of the average project in 1998-99.
"The Department of Energy admits that this trend is due at least in part to the 2009 federal subsidy: Because the grants that companies receive aren’t based on how much power they produce, “it is possible that developers have seized this limited opportunity to build out the less-energetic sites.” Meanwhile, wind-power prices have increased to an average $54 per megawatt-hour, compared with $37 in 2005.
"If our communities can’t reasonably afford to purchase and rely on the wind power we sell, it is difficult to make the moral case for our businesses, let alone an economic one." . . .
Big Wind's Bogus Subsidies "Giving tax credits to the wind energy industry is a waste of time and money."
"If private companies like Berkshire Hathaway are not willing to jump in without government incentives, it is a sign that the energy technology is a bad investment. It simply does not make sense for the government to subsidize energy technologies that are economically unviable, while attempting to restrict other options that provide reliable and affordable energy for everyday Americans." . . .
No comments:
Post a Comment