The great wind and solar scam has allowed crony capitalists to make out like bandits. While they couldn’t care less about delivering reliable and affordable power, try standing between them and a bucket of subsidies and they’ll soon respond. When depression era bank robber, Willie Sutton was asked by a journo why he robbed banks, … Continue reading Rent-Seeking Wind & Solar Scammers Stealing From Taxpayers
Tag: Production tax credits cost
Never-Ending Story: Why Wind & Solar Wouldn’t Exist Without Massive Subsidies
The combined cost of renewable energy certificates, tax credits, soft loans and other subsidies is staggering. The total cost of which always lands with the power consumer and/or taxpayer, with the wholly unjustified benefits pocketed by crony capitalists, carpetbaggers and rent-seekers. The subsidised wind and solar scam has been running full throttle for more than … Continue reading Never-Ending Story: Why Wind & Solar Wouldn’t Exist Without Massive Subsidies
Simply Insatiable: Wind & Solar Keep Devouring & Demanding Massive Subsidies
For almost 40 years, wind and solar proponents have been telling us that the subsidies they rely on are only temporary. Which most understood to mean a few years, at most. Back in 1983 the American Wind Industry Association claimed that wind power would be “competitive and self-supporting on a national level by the end … Continue reading Simply Insatiable: Wind & Solar Keep Devouring & Demanding Massive Subsidies
Wind Power Subsidies Keep Rising But Total Wind Power Output Keeps Falling
The adage that ‘what goes up must come down’ doesn’t hold with wind power subsidies. And the idea that increasing those subsidies will naturally and inevitably result in more wind power output doesn’t hold water, either. We’re not talking about the daily - and day’s long - collapses in wind power output, but the total … Continue reading Wind Power Subsidies Keep Rising But Total Wind Power Output Keeps Falling
US Taxpayers Hit With $425 Billion For Wind & Solar Subsidies Over Next Decade
The only thing scalable about wind and solar is the subsidies gouged from power consumers and/or taxpayers. While rent seekers can plant turbines and scatter solar panels from horizon to horizon, they can’t make the sun shine or the wind blow. Accordingly, sunset and/or calm weather makes the whole thing utterly pointless, at any scale. … Continue reading US Taxpayers Hit With $425 Billion For Wind & Solar Subsidies Over Next Decade
How Rentseekers Rigged The Game: Unpacking The Wind & Solar Subsidy Scam
The wind and solar scam is mindbogglingly complex, because the scammers deliberately designed it that way. Start with their ability to get paid untold $millions in subsidies for producing absolutely nothing at all, take a detour through their capacity to manipulate grid dispatch regulations in a manner that favours wind and solar and penalises the … Continue reading How Rentseekers Rigged The Game: Unpacking The Wind & Solar Subsidy Scam
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