I’ve always felt that the New York Times is rather like the liberal canary in the coalmine. When even they admit that a liberal cause is a failure, the end for it must be near. So I can only hope that government subsidies and extortion tactics re wind farms are near an end.
Matthew Wald writes: “Mr. Bryce referred to a 2008 study by the National Renewable Energy Laboratory, part of the Energy Department, that said the United States could get 20 percent of its electricity from wind by 2030. At the moment, about 40,000 megawatts of wind capacity are installed in the United States, producing about 2.3 percent of the country’s kilowatt-hours. (Wind is about 70 times larger than solar in terms of the energy produced.)
Hence, bringing wind up to 20 percent by 2030 would require a nine-fold increase, he noted. With the Energy Department calculating that a megawatt of wind costs $2.43 million to install, that would require investing $850 billion, or $44 billion from now until 2030.”
Wald concludes, “Thus far, it is not economics that is driving wind energy growth; it is the renewable energy mandates in force in 29 states and the District of Columbia.”
We need to get the government out of the energy industry. Because politicians aren’t spending their own money, they don’t care about the “economics” of anything.