It’s the Subsidies Stupid: Wind & Solar Go Nowhere Without Bags of Other People’s Money

Time and time again we’re told that wind and solar power are not only competitive with conventional generators, but they’re practically free, and getting cheaper all the time.That myth in the mouth the protagonists lasts about as long as it takes their antagonists to retort, that if wind and solar power really are competitive, then there’s no further need for government mandates, punitive targets and massive subsidies.The pesky paradox for wind and sun worshippers is that without subsidies that continue from now until kingdom come, there would be nothing for them to venerate, at all.

Source: It’s the Subsidies Stupid: Wind & Solar Go Nowhere Without Bags of Other People’s Money

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s