Wind Generation Subsides : Progressives Socialist Limiting Options

Wait, wind energy generation is not viable without subsides? Oh really? Who knew? Is this lost on the general public as their electrical  rates continually go up year after year? I'm afraid so as the majority of voters reelected the progressive socialists to force this totally waste of tax dollars down our collective throats.

I was watching the football game last night and during one the breaks they showed an ariel view of the stadium in Indianapolis with all the lights of the city for as far as the eye can see, and immediately I thought how many wind mills or solar panels are functioning right now to make sure all these lights work? How many do you think?

But don't worry about the fact that there are no solar panels working or wind mills turning to generate electricity, it's just the good feeling knowing that those in power are doing what's best for all of us, and that if we have to pay more to have our lights work or our refrigerators function to keep our food from spoiling, it's a small sacrifice, they believe, on our part to' save the planet'. What this amounts to is just more progressive socialist liberal Democrats demanding obedience from the public to ensure success of their personal agenda of destruction of individual freedom. Limiting access to electrical energy limits the options of the individual for prosperity and success.

I wonder how we will save out selves from these smart guys in Washington?

Wind Energy Receives Preferential Treatment
Source: Nicolas Loris, "Let the Wind PTC Die Down Immediately," Heritage Foundation, October 8, 2013.
October 21, 2013

As the federal budget debate continues to heat up, one of the contentious energy policy battles is over the extension of the wind production tax credit (PTC), a 2.3-cents-per-kilowatt-hour handout that is awarded to wind producers and other qualifying sources and continues for a decade after initial production, says Nicolas Loris, the Herbert and Joyce Morgan Fellow at the Heritage Foundation.

Proponents of the subsidy are yet again calling for an extension or a multiyear phase-out, but Congress should refrain from extending or phasing out the preferential treatment for wind and instead remove all targeted tax credits for all energy sources and technologies. And Congress should broadly lower tax rates to create a competitive environment that allows the best technologies to provide affordable, reliable energy for Americans.

• The Joint Committee on Taxation estimates that extending the PTC one year would cost taxpayers $6.1 billion over 10 years, and a five-year extension would cost over $18 billion over the same time frame.
• With such a generous subsidy, wind producers can ignore costs, underbid other electricity producers in times of excess supply, sell their power to utilities and still profit by collecting the $2.3 cents per kilowatt hour generated from the handout.
• The PTC also threatens the long-term viability of the wind industry by focusing efforts on securing an extension rather than recognizing the true price point necessary to become competitive and innovative to achieve that goal.

Rather than creating a sustainable industry, the PTC has artificially propped up an industry, advanced special interests and allocated labor and capital away from more competitive uses in the marketplace. It is time to allow the PTC to sunset one final time and remove all preferential treatment in the energy industry.