Government-mandated subsidies for wind and solar represent the greatest wealth transfer since England’s ‘Bad’ King John sought to tax himself to ultimate power and his enemies out of existence. His description as “avaricious, miserly, extortionate and moneyminded” applies with equal force to today’s crony capitalist kings – the renewable energy rent seekers. Had King John known … Continue reading You Pay For The Rise and Riches of Wind & Solar’s Rent-seeking ‘Entrepreneurs’
Tag: Value of subsidies to wind and solar
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
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