Historic subsidies propping up US wind energy ended on January 1 and Congress refused to renew them, despite supporters arguing that the aid has made renewable power cheaper than coal.
The United States has subsidized wind-sourced electricity since 1992 to promotes the use of green energy and crack America's dependence on the fossil fuels blamed for climate change.
Last year, billions of dollars in wind production tax credits, or PTCs, amounted to some 2.3 cents per kilowatt hour for an industry that has struggled to compete against oil and gas.
But winds of change are blowing. The repeatedly renewed credits expired at the end of 2013, along with many other renewable energy benefits.
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9 comments:
They will really build them now,NOT!
We've spent tons of money on wind subsidies. It costs more than coal, especially when you figure in the cost of corporate welfare. And this is while we close down our cheap coal plants - making the cost of electricity go way up!
Figure in the costs of all them people in Charleston drinking bottled water for days and not being able to cook or shower. It might go down a little then eh?
Congressional math: subsidizing something will make it cheaper than something not subsidized. Duh!
and what will that do to all the boondoggle projects in this area? always remember; what the nanny state gives, it can take back at anytime. get it?
That's a shame. Kinda figured on 2 or 3 months of free power just from the hot wind generated by OweBama. OweMalley and now OweBrown running their mouths.
Big ole wind turbine in Annapolis harbor should pay for itself when the legislature is in session.
Well, when it will just not work, then reality rears its ugly head, doesn't it?
Someone please ask those liberal idiots in Annapolis and Washington WHAT KIND OF ENERGY YOU GET WHEN THE WIND STOPS BLOWING? NONE. ALL YOU WOULD HEAR IS MARYLAND DEMOCRATS SUCKING ON OBAMA'S A$$.
Gotta use that Rockefeller oil while his puppets are running this country
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