If you want to learn whether subsidizing wind turbines makes sense, just glance across the pond. Wind and solar subsidies have effectively doubled the cost of electricity in many European countries.Wind and solar sound good until you run the numbers.Every installation places an ongoing burden on tax and rate payers.At the end of 2013 the PTC, the production tax credit for wind power, expired.
The push is on for Congress to bring it back.Electricity from the wind and sun is anything but free.
Marita Noon argues effectively at CFACT.org that this would be a mistake.
The author of Energy Freedom, Marita Noon serves as the executive director for Energy Makes America Great Inc. and the companion educational organization, the Citizens’ Alliance for Responsible Energy (CARE). Together they work to educate the public and influence policy makers regarding energy, its role in freedom, and the American way of life. Combining energy, news, politics, and, the environment through public events, speaking engagements, and media, the organizations’ combined efforts serve as America’s voice for energy. – See more at: http://www.cfact.org/2014/07/08/the-ptc-extension-more-taxpayer-dollars-for-green-energy/#sthash.AeEMO8Kn.dpufMarita Noon argues effectively at CFACT.org that this would be a mistake.http://www.cfact.org/2014/07/08/the-ptc-extension-more-taxpayer-dollars-for-green-energy/
This tug-of-war is seen, perhaps most obviously, in the so-called renewable energy field. After Solyndra, and the more than fifty other stimulus-funded Green energy projects that have failed or are circling the drain, the public has grown weary, and wary, of any more spending on Green energy. The money isn’t there to spend, and the motive behind the 2009 rush to push billions of taxpayer dollars out through the Department of Energy has been tainted by corruption and illegal activity.
The Green-energy emphasis was sold as a job creator for unemployed Americans, as a cure for global warming, and as a way to slow a perceived energy shortage. It sounded so positive in the many speeches President Obama gave as a sales pitch to the American public.
Today, Americans know better.
They knew about Solyndra—which took over five hundred million dollars and then folded. Thanks in large part to my exposé, many now know about Abengoa and the Solana solar project—which took billions of taxpayer dollars and is now functioning and producing electricity but does so by breaking immigration and labor laws, giving foreigners hiring preference, and stiffing American suppliers.
Watching multiple predictions fail and proponents get rich, Americans instinctively know that the whole global warming agenda doesn’t add up—as evidenced by this week’s International Conference on Climate Change where more than 600 “skeptics” from around the world gathered to discuss real science and policy.
With headlines heralding: “North Dakota has joined the ranks of the few places in the world that produce more than a million barrels of oil per day,” people know there isn’t an energy shortage. And America’s new energy abundance is on top of our rich reserves of coal and uranium that can provide for our electrical needs for centuries to come.
Yet, the White House keeps pushing the Green-energy narrative and, on July 3, 2014, “The Energy Department Just Announced $4 Billion For Projects That Fight Global Warming,” as the headline reads at ThinkProgress.org.
Wind Energy and the Production Tax Credit