Coal, EPA, Wind PTC

Job Losses from Coal Closures Dwarf Gains from Wind Industry

By Institute for Energy Research —— Bio and Archives--July 30, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

As the Environmental Protection Agency (EPA) threatens to shut down vast amounts of coal power plants, the federal government continues to shower renewable energy producers with billions of dollars in subsidies and tax incentives. Despite claims from the wind industry itself that is it now cost competitive, Sen. Grassley (R–IA) recently sent a Production Tax Credit (PTC)—a multi-billion dollar subsidy for wind power—largely on the basis of alleged job creation.

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