As consumers, we pay for electricity twice: once through our monthly
electricity bill and a second time through taxes that finance massive subsidies
for inefficient wind and other energy producers. Most cost estimates for wind power disregard
the heavy burden of these subsidies on US taxpayers. But if Americans realized
the full cost of generating energy from wind power, they would be less willing
to foot the bill – because it’s more than most people think. Over the past 35 years, wind energy – which supplied just 4.4% of US
electricity in 2014 – has received US$30 billion in federal
subsidies and grants. These subsidies shield people from the uncomfortable
truth of just how much wind power actually costs and transfer money from
average taxpayers to wealthy wind farm owners, many of which are units of
foreign companies……To Read More….
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