Wind and Solar—Expensive Renewables
Wind and solar look far more expensive than they appear on the basis of levelized costs
By Jack Dini —— Bio and Archives--August 13, 2014
Global Warming-Energy-Environment | Comments | Back To Full Article
President Obama says we should 'invest' in renewables as energy sources of the future. Yet after investing billions of dollars in taxpayer subsidies in renewable energy, those sources provided only 7.5% of America's energy in 2012, which was actually less than 9.3% of renewables in 1948, more than 60 years ago. That's not a lot of progress for the politically popular taxpayer subsidized renewables. When it comes to solar and wind, those energy sources provided only 1.8% of America's energy in 2012. (1)
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