On December 20, the Wall Street Journal ran a misleading and logically convoluted editorial attacking wind energy. The most salient points worthy of correction:
Energy subsidies:
- The editorial omits mention of the fact that our government's permanent subsidies for fossil fuel generation greatly outweigh the small, short-lived incentives provided for wind energy. Wind energy is being forced to compete against fossil fuels that have received hundreds of billions of dollars in subsidies so far, and that still receive subsidies outpacing the incentives awarded to renewables. Between 1950 and 2003, oil and gas garnered 60 percent of an estimated total of $725 billion in federal assistance, with coal taking 13 percent, hydroelectric 11 percent, and ...
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