photo by Stuart McMahon
Next year will mark twenty years of tax credits for the wind energy industry. The federal renewable energy production tax credit which allows producers of wind energy a 30 percent investment tax-credit or a 2.2-cents-per-kilowatt-hour production tax credit has been in force since 1992. There are more than14,000 abandoned wind turbines in the United States. The picture above is of a very recent fire from hurricane-force gales in Scotland.
The 2.2¢ subsidy doesn’t sound like much, but it is on average 40 percent of the wholesale price of electricity. The tax cuts, according to the Treasury Dept. cost taxpayers $1.5 billion annually. A billion here, a billion there, and soon you’re talking about real money. The United States is facing $15 trillion of debt, but it has access to vast supplies of diverse sources of electricity perfectly capable of supplying our energy needs…
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Utopia, you are standing in it! 
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