Editorial from the Charelston Daily mail
This $12 billion boondoggle undermines the U.S. economy
After 20 years, Congress likely will allow tax credits for wind turbines to expire on Dec. 31. Facing trillion-dollar annual deficits as far as the eye can see, the nation cannot afford the subsidies.
Federal revenues lost to this industry amounted to $14 billion over the last four years alone.
But 20 years of tax credits have failed to make wind power practical. The industry lives on subsidies.
No comments:
Post a Comment