Wind power subsidy exceeds wholesale cost in some instances

According to Larry Bell, a Forbes contributor, in many parts of the country the PTC actually exceeds the wholesale price of power. If that isn’t troubling enough, the non-partisan Joint Committee on Taxation concluded that between 2009–2013 industry developers lost near $14 billion in revenue.

Last month the American Wind Energy Association (AWEA), with the help of a bipartisan trio of governors in states that benefit heavily from the subsidy, held an event endorsing the tax credit. According to financial disclosures, AWEA has spent well over $3 million during the past two years influencing lawmakers.

Efforts from AWEA, the Sierra Club and other well-funded groups have garnered fantastic returns for green activists, but unfortunately, average Americans are stuck with the bill. The PTC is just another example of a “feel good” policy with a hefty price tag—one that America can’t afford.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • banjo kid

    If they go bankrupt just maybe the birds will fare better .

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