One thing you’ll never, ever hear from the crony capitalists profiting from wind and solar is a call to cut the subsidies that sustain them.
Remarkably, whether in Germany, Australia, the States or Europe renewables rent seekers all speak the same language.
When talk turns to subsidies, you’ll only ever hear words like ‘more’. Challenge them about their nonsensical claims that wind power is cheap and truly competitive with coal and gas, they’ll start pleading about not doing away with subsidies, ‘just yet’.
Some cynics might suggest a needy form of addiction. STT likens it to the Never Ending Story.
Back in 1983 the American Wind Industry Association claimed that solar and wind would be “competitive and self-supporting on a national level by the end of the decade if assisted by tax credits and augmented by federally sponsored R&D”. That was 38 years ago. And there was no lack of…
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