Sunday, January 26, 2014

Windmills and solar power

After 100 billion in subsidies, windmills and solar power combined amount to less than 4% of the energy we use. Both are so inefficient that they only exist because they get billions in subsidies from you. Fossil fuels get subsides too, but wind and solar get 100 times more. John Stossel

Photo: After 100 billion in subsidies, windmills and solar power combined amount to less than 4% of the energy we use. Both are so inefficient that they only exist because they get billions in subsidies from you. Fossil fuels get subsides too, but wind and solar get 100 times more. Get rid of them all! Chill Out! re-airs tonight at 10pm on Fox News.

 

“The Federal government has set an ambitious goal of '20% wind power by 2030,' and generous subsidies targeted at every segment of American society have been set in place.

State subsidies for wind power are equally generous and can often be combined with Federal programs resulting, in some instances, in government funding equivalent to 80% of a wind power system's total cost.

Subsidies range from Direct Federal Grants, ITC's (Investment Tax Credits) and PTC's (Production Tax Credits) to a myriad of State Grants, Rebates and Tax Credits available to all tax-payers, ranging from your family to Fortune 500 corporations.” http://www.massmegawatts.com/government-subsidies-finance.php

Solar Financing, Subsidies and Incentives

http://www.forbes.com/sites/timworstall/2013/05/30/solar-power-subsidies-were-too-large-too-fast/

http://blogs.wsj.com/experts/2013/11/14/solar-isnt-the-only-subsidized-energy-source/

“Subsidies go primarily to the rich. While subsidies allow owners to pay off the cost over time, up-front costs put solar panels out of reach for most people. Subsidies take money from working-class families and give it to people who can afford high, up-front capital costs.”

http://blogs.wsj.com/experts/2013/11/14/solar-subsidies-take-money-from-the-poor-to-help-the-rich/

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