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The Multiple Distortions
of Wind Subsidies

Wall Street Journal, by Phil Gramm

Original Article

Posted By:StormCnter, 12/26/2012 5:52:54 AM

Federal subsidies for new wind-power generation will end on Dec. 31 unless they are renewed by Congress. For the sake of our economy and the smooth operation of the energy market, Congress should let the subsidies lapse. They waste taxpayer money, subvert the allocation of capital, and generate a social cost many times the price tag of the subsides themselves. Since 1992, the federal government has expended almost $24 billion to encourage investment in wind power through direct spending, tax breaks, R&D, loan guarantees and other federal support of electric power. The Joint Committee on Taxation estimates

      


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Reply 1 - Posted by: mws50, 12/26/2012 5:56:06 AM     (No. 9083745)

And they "ugly-up" the landscape!

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Reply 2 - Posted by: TheMotherCO, 12/26/2012 6:27:04 AM     (No. 9083757)

Wind power is not reliable and a dumb notion that it will supply power for the USA. They stand for hours in the desert in CA and never move and when they do, they kill birds and do not supply enough power to do much of anything. Not necessary and just another boondoggle.

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Reply 3 - Posted by: provide, 12/26/2012 7:13:33 AM     (No. 9083790)

I´m expecting Bammy requiring all public buildings to be powered by wind. Another stimulus boondoggle.

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Reply 4 - Posted by: tyshab, 12/26/2012 7:51:18 AM     (No. 9083825)

Great, let´s stop all subsidies for all forms of energy. They all have and do receive subsidies.
BTW, get your facts straight, wind does work very well in areas with sufficient wind. More birds are killed by cats and cars than any wind turbines.
As to ugly, beauty is in the eye of the beholder. Strip mining and fracking sites, oil derricks and nuclear plants are not the most attractive things I have ever seen. In comparison I think turbines look fine and do not provide the nasty side effects of any of the other forms.
Better to have a variety of energy types. We have seen the results of dependence on any one type.

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Reply 5 - Posted by: ROLFnader, 12/26/2012 8:16:49 AM     (No. 9083850)

Yeah, they´re really pretty. But the greatest thrill of all is when you drive by one of these wonders of human achievement and feel the sense of pride- knowing that Obama´s contributers are better off.
I would really appreciate a link to show what a ´fracking site´ looks like.

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Reply 6 - Posted by: tyshab, 12/26/2012 8:41:53 AM     (No. 9083898)

here you go:
http://cache.io9.com/assets/images/4/2010/07/gas1-popup.jpg Fracking is also very noisy during the drilling process, which takes weeks.
BTW, it is not just Obama who supported wind energy production subsidies. Subsidies are apolitical.
My point was, the subsidies received by wind energy producers is no different than those received by other forms of energy production, so why the outcry?
Personally, I think ALL subsidies for all purposes, from the federal government, should be stopped immediately. They are totally unconstitutional.
All these arguments against one type or another of energy production are usually filled with emotional and false claims. It would be good to go back to the use of critical thinking supported by empirical evidence.

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Reply 7 - Posted by: LouD, 12/26/2012 8:46:11 AM     (No. 9083906)

Tell people that live near windmills that that low frequency sound they hear, or the strobe effects of sun shining through the turning blades that there are no side effects. As for beauty, all I can see is taxpayer money turning in the wind, with no return for me. Without subsidies for each and every one of those monstrosities, there would be very few ever built. But I must admit, they sometimes make very colorful fires when they ignite from overheating.

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Reply 8 - Posted by: lzboy, 12/26/2012 9:15:45 AM     (No. 9083952)

Huffington Post is missing some trolls.

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Reply 9 - Posted by: ROLFnader, 12/26/2012 9:19:38 AM     (No. 9083958)

I guess I´ve seen the error of my ways. I didn´t realize that it made noise.

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Reply 10 - Posted by: toddh, 12/26/2012 10:31:09 AM     (No. 9084074)

I have seen a fractured oil well that left absolutely zero environmental disturbance. The local rocks contain iron so the nut they left on the ground will contribute its couple of pounds to the environment. That nut was the *only* clue there had ever been a well there. Drill, baby, drill!

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