Tuesday, January 8, 2013

The multiple distortions of wind subsidies | Wind Watch

 

Federal subsidies for new wind-power generation will end on Dec. 31 unless they are renewed by Congress. For the sake of our economy and the smooth operation of the energy market, Congress should let the subsidies lapse. They waste taxpayer money, subvert the allocation of capital, and generate a social cost many times the price tag of the subsides themselves.

Click on the following to read all of this Wall Street Journal ArticleThe multiple distortions of wind subsidies | Wind Watch

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