WhatFinger

If not for the production tax credit and taxpayer subsidies, plans for offshore wind power would come to a stop

Wind is an even bigger boondoggle than ethanol


FLINT, Michigan—Before we become too hopeful about the prospects of using offshore wind power as a fuel source of the future, let’s not forget that government data shows that offshore wind power cannot survive in a competitive environment without huge taxpayer subsidies. Today wind power receives subsidies greater than any other form of energy per unit of actual energy produced. Sen. Lamar Alexander (R-TN), a key member of the Senate Appropriations Committee, says that public subsidies for wind on a per megawatt-hour basis are 26 times those for fossil fuels and 16 times those for nuclear power.
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