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Dec 26 2012

Wind Energy Subsidies Must Die

By watching the “mainstream” media, you could get the impression that the crucial issue of the day is whether the government will be able to raise taxes high enough fast enough to avoid disaster. In reality, Big Government already has too much money if it has even a penny to waste on moonbat insanity like wind energy subsidies:

Since 1992, the federal government has expended almost $24 billion to encourage investment in wind power through direct spending, tax breaks, R&D, loan guarantees and other federal support of electric power. The Joint Committee on Taxation estimates that a one-year extension of existing federal subsidies for wind power would cost taxpayers almost $12 billion.

The costs of wind subsidies are extraordinarily high—$52.48 per one million watt hours generated, according to the U.S. Energy Information Administration. … Many states provide additional tax breaks, subsidies and mandates for wind power.

It isn’t that taxpayers get nothing for our money; we get less than nothing.

Subsidized, wind-generated electricity is displacing other, much cheaper sources of power. The subsidies are so high that wind-power producers can pay utilities to take the electricity they produce and still make a profit. … Donna Nelson, the chairman of the Texas Public Utility Commission, warned in September that the market distortion caused by negative prices “makes it difficult for other generation types to recover their cost and discourages investment in new generation.”

The toll this takes on the economy is especially tragic when you consider the potential of natural gas. Due to abundant supply, the price of this clean but politically incorrect energy source has fallen by 75% in the last four years.

If unimpeded, the expanded use of cheap natural gas to generate electricity will raise living standards and attract millions of new industrial jobs back to our shores. A vote to stop wind subsidies from being extended is, therefore, a vote for cheaper, more reliable power, higher living standards, reindustrialization and fiscal sanity.

From the Democrat perspective, this would make Americans less dependent on our oligarchical collectivist overlords. That’s why wind subsidies won’t end any time soon.

wind energy fail
Wind energy: epic fail.

On a tip from Varla.

13 Responses to “Wind Energy Subsidies Must Die”

  1. RKae says:

    A propeller attached to a generator. Can the stinking wind energy industry tell me which one of those items they will be having some advancement in? Are they working hard on a new propeller or a new generator? Nope. No advancement coming from this crap. All they can do is build more, take up more real estate, and kill more birds.

    This is a swindle that would make Prof. Harold Hill tip his hat in respect.

  2. Beef says:

    I have worked with some large power generaiton companies and have seen the effects of the Obama administration’s policies first hand. There are dozens of coal fired units that represent tens of thousands of megawatts generating capacity that have either already been shut down or are slated for retirement at the behest of the EPA. Almost all of these power companies have sunk huge investments into wind farm generation capacity, made possible of course by taxpayer subsidized rates. Not only must millions be spent on wind turbines, but addtional capacity that actually works has to be installed for those periods (i.e. most of the time) when the wind isn’t blowing right. For every megawatt of wind capacity installed, you have install a megawatt of fossil fuel driven capacity. And since gas turbines take too long to come on line when the wind suddenly drops off, most of these generators are driven with big natural gas driven internal combustion engines which have a considerably higher cost per megawatt generated.

    Insanity isn’t cheap.

  3. Winston Smith says:

    When First Energy offered a fixed rate 25% below my local power utility until July 2019 I jumped on that. No telling how high electric rates will go after another 4 years of the Manchurian Moonbat Messiah.

  4. Winston Smith says:

    We need to harness the power of VACUUM ENERGY – on the downside a Vacuum Energy detonation could theoretically complete destroy the Earth and probably the Sun too. But you cant make an omelette without breaking a few eggs.

    Eaarth Destroyed by vacuum energy detonationYou will need: a light bulb

    Method: This is a fun one. Contemporary scientific theories tell us that what we may see as vacuum is only vacuum on average, and actually thriving with vast amounts of particles and antiparticles constantly appearing and then annihilating each other. It also suggests that the volume of space enclosed by a light bulb contains enough vacuum energy to boil every ocean in the world. Therefore, vacuum energy could prove to be the most abundant energy source of any kind. Which is where you come in. All you need to do is figure out how to extract this energy and harness it in some kind of power plant — this can easily be done without arousing too much suspicion — then surreptitiously allow the reaction to run out of control. The resulting release of energy would easily be enough to annihilate all of planet Earth and probably the sun too

  5. bobdog says:

    Wind energy has never been about energy. It’s about money.

    And solar energy has never been about energy, either.

    Nor have electric vehicles ever been about energy.

    Nor have teachers’ unions ever had anything to do with education.

    Nor have “Federal Stimulus Spending” ever been about the economy.

    Nor have gun control laws ever been about controlling guns.

    Nor has Obamacare ever had anything to do with national healthcare.

    Nor has “Federal Bailouts” ever had anything to do with the economy.

    And it’s been a long time since Immigration and Border Control had anything to do with controlling our borders.

    Think about that for a minute.

  6. Beef says:

    “Think about that for a minute.”

    If more good people bothered to, we would not be in the position we are today.

  7. Joe says:

    Winston – there is no such thing as vacuum energy. The reason I know this is, Washington DC and it’s current collection of elected dopes SUCK worse than anything ever in the history of this country. If they can’t create the kind of vacuum you’re talking about, nothing can.

  8. Ghost of FA Hayek says:

    Around here “Gov green” T Paw gave us the “20-20 plan”
    (20 percent renewable electricity by 2020) added to the EPA mandates
    As a result my commercial electricity rates have doubled so far, with more on the way
    Also subsidized by these higher rates is a turkey manure incinerator in Benson MN
    While many in the town supported the creation of the plant, a few worried that it wasn’t the best use of the turkey litter, which is a valuable fertilizer. But there is more than enough manure to go around, Potter said.

    “It isn’t hard to get the manure in Minnesota, and we don’t expect it to be on the Shore, either,” Potter said
    This manure is now trucked hundreds of miles across two states to get to the plant
    Another case where efficiency takes a back seat to subsidy, mandates, and political expediency.

  9. Bo-Jangles says:

    The elected lying crooks who rule us work on a very simply theory. If the weak, dumb, and gullible American sheeple keep sending us their money, we’ll keep spending, wasting, and giving it away. If the sheeple didn’t agree with that, wouldn’t they stop send us their money!

  10. Mr Evilwrench says:

    I hope someone’s bright enough to mothball those coal plants for when the adults are back in charge. I’d buy one, but I don’t have that much juice. Man, talk about a profit position, though.

  11. Michael S. says:

    Anyone care to post pictures of the oil spills in Alaska or the Gulf of Mexico maybe? Let’s show the REAL damage that oil does as opposed to a wind turbine generator blowing up.

    My cousin who lives in LA took a HUGE hit with his shrimping boat. Real funny huh?

    Bunch of narrow minded people on here.
    It’s okay, it’s just a matter of time before the nutty cons’ will be outnumbered by all the immigrant who will be U.S. citizens.
    You know, like the ones that the “almighty” Reagan granted amnesty to, the millions and millions of them. lol

    Back on topic, post some pics of the oil spills and the indefinite damage it has done to the environment… our waters, our fish (fishing) and the entire ecological chain.

    Are moonbats really this simple minded? lol

  12. MidBosque says:

    I believe “negative pricing” might mean wind is cheap electricity. What do you experts think? Wouldn’t want consumers to have more negatively priced power. That would be bad for someone’s coal stock portfolio.

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