The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history - from unwitting power consumers and taxpayers to a cabal of rent-seeking crony capitalists. Greed and avarice drives them, aided and abetted by government mandates, diktats and decrees. Built on lies and running on subsidies, … Continue reading Grand Theft: Wind & Solar ‘Transition’ Squanders $Trillions in Taxpayers’ Cash
Tag: Cost of American renewable energy subsidies
Massive Subsidies For Wind & Solar ‘Industries’: The Never, Never, Never-Ending Story
Back in 1983 the American Wind Industry Association claimed that solar and wind would be “competitive and self-supporting on a national level by the end of the decade if assisted by tax credits and augmented by federally sponsored R&D”. That was over 37 years ago. And there was no lack of assistance in the form … Continue reading Massive Subsidies For Wind & Solar ‘Industries’: The Never, Never, Never-Ending Story
Subsidy Siphons: Intermittent Wind & Solar Devouring $Billions of American Taxpayers’ Dollars
Identifying the full value of subsidies to wind and solar, has been like a game of hide and seek. Whether it’s renewable energy certificates, production tax credits, preferential access to the power grid, over-the-market government guaranteed contracts, or the hidden costs of the cash penalties attached to government mandates and targets, the wind and solar … Continue reading Subsidy Siphons: Intermittent Wind & Solar Devouring $Billions of American Taxpayers’ Dollars