Share This Article with a Friend!

Washington subsidies not helping the wind industry

Stephen Moore, Washington Times

We are told we can require 50 percent, 60 percent and even 100 percent renewable energy over the next decade at no cost to consumers or businesses. If so. Why must the subsidies continue ad infinitum? If $100 billion of taxpayer handouts hasn’t worked, what will? My hunch is that the lifelines Washington keeps tossing to the wind and solar industry have been more curse than blessing. Subsidies can be as addictive as heroin. A cold turkey cut off of taxpayer aid would force the renewable industry to adopt strategies and innovations that would make them viable competitors in energy markets.  Necessity really is the mother of invention.