Profiteering wind and solar rent-seekers have only one real fear in the electricity market: actual competition. Claims from renewable energy profiteers that wind and solar are truly competitive with nuclear, coal or gas evaporate the instant policymakers start talking about removing subsidies to wind and solar. Back in 1983 the American Wind Industry Association claimed … Continue reading Forever Subsidised: America’s Wind & Solar ‘Industries’ Biggest Fear Is Real Competition
Tag: Cost of production tax credit
Joe Biden’s Suicidal Energy Bill Threatens to Destroy America’s Power Grid
From the outside it looks like treason, to the insider it’s merely the extension of the most massive subsidy scam in history. For nearly 40 years, the wind and solar industries have been telling us that they’ll soon be standing on their own two feet. But their greatest fear is being given the chance to … Continue reading Joe Biden’s Suicidal Energy Bill Threatens to Destroy America’s Power Grid
Enough is Enough: After Nearly 40 Years It’s Time to Slash Massive Subsidies to Wind & Solar
One thing you’ll never, ever hear from the crony capitalists profiting from wind and solar is a call to cut the subsidies that sustain them. Remarkably, whether in Germany, Australia, the States or Europe renewables rent seekers all speak the same language. When talk turns to subsidies, you’ll only ever hear words like ‘more’. Challenge … Continue reading Enough is Enough: After Nearly 40 Years It’s Time to Slash Massive Subsidies to Wind & Solar
‘Investing’ in Wind & Solar Power: Always and Everywhere – It’s About the Endless Subsidies
The so-called wind and solar ‘industries’ will last for as long as the subsidies keep flowing, and not one second more. Every time the subsidy reins get tightened, the rent seekers howl, claiming that they need them to run for just that little bit longer. Notwithstanding repeatedly crowing about wind and solar already being cheaper … Continue reading ‘Investing’ in Wind & Solar Power: Always and Everywhere – It’s About the Endless Subsidies
Endless Resuscitation Required: Wind & Solar Simply Can’t Survive Without Massive Subsidies
As soon as the subsidies for wind and solar dry up, so does the investment in generating capacity, proving the point that neither wind nor solar can survive for very long without guaranteed, government-mandated support; whether in the form of Production Tax Credits, Renewable Energy Certificates or penalties and fines laid on retailers if they … Continue reading Endless Resuscitation Required: Wind & Solar Simply Can’t Survive Without Massive Subsidies
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
Enough is Enough: Time to Pull the Plug on Endless Wind & Solar Subsidies
No subsidies. No wind and solar industries. It’s that simple. 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 36 years ago. And … Continue reading Enough is Enough: Time to Pull the Plug on Endless Wind & Solar Subsidies
Perpetual Subsidy Sucker: Why The Wind Industry Will Never Grow Up
One thing you’ll never, ever hear from wind power outfits is a call to cut the subsidies that sustain them. Remarkably, whether in Germany, Australia, Ontario or Texas, renewables rent seekers all speak the same language. When talk turns to subsidies, you’ll only ever hear words like ‘more’. Challenge them about their nonsensical claims that … Continue reading Perpetual Subsidy Sucker: Why The Wind Industry Will Never Grow Up
Pointless Power: Without Massive & Endless Subsidies Wind Power Makes Absolutely No Sense
Warren Buffett said: “We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” Buffett might have continued, that subsidies are the only reason anyone invests in these things. Buffett might be an opportunistic profiteer, but at least … Continue reading Pointless Power: Without Massive & Endless Subsidies Wind Power Makes Absolutely No Sense
Wasted Time: US Squanders Countless $Billions in Subsidies to Chaotically Intermittent Wind Power
Power consumption is a here and now kind of thing, so talk about wind power powering 100,000 homes is utter nonsense. To expose the lie, the inquisitive need only ask when, precisely? When will those 100,000 homes be powered in any meaningful sense by a power source that’s entirely dependent upon the vagaries of the … Continue reading Wasted Time: US Squanders Countless $Billions in Subsidies to Chaotically Intermittent Wind Power