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
Tag: Solar production tax credits
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
Blackout Prevention Intervention: Wind & Solar ‘Powered’ Texas Spends $Billions On Gas-Powered Plants
Texas has squandered a cool $66 billion on building its wind and solar capacity and the infrastructure needed to support it. The subsidies that have driven the the wind and solar onslaught - principally the Production Tax Credit, as well as state-mandated feed-in tariffs), deliberately designed to relegate the reliable generators (nuclear, coal and gas) to … Continue reading Blackout Prevention Intervention: Wind & Solar ‘Powered’ Texas Spends $Billions On Gas-Powered Plants
After 40 Years Of Massive Subsidies Wind & Solar ‘Industries’ Still Begging For More
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 39 years ago. Over that span of time, there has been no lack of … Continue reading After 40 Years Of Massive Subsidies Wind & Solar ‘Industries’ Still Begging For More
‘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
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
Grand Theft: US Taxpayers Liable For $120,000,000,000 In Subsidies to Wind & Solar
In the absence of endless subsidies there would be no wind or solar industries. Period. The minute talk turns to cutting those subsidies, the rent-seekers profiting from the wind and solar scam scream ‘blue murder’. In the USA, the greatest economic and environmental fraud of all time is on a scale and magnitude that would … Continue reading Grand Theft: US Taxpayers Liable For $120,000,000,000 In Subsidies to Wind & Solar
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