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Headline

Are wind subsidies a price worth paying?

Comment

Subsidies for renewable energy only exist because of a mistaken belief that man-made carbon dioxide causes dangerous global warming. The fact that the world has not warmed significantly in the last 10 to 15 years proves that this assumption is wrong. The fact that even if Man-made global warming was real and dangerous wind power would make only a tiny difference to global warming, is totally ignored. There is no justification for subsidies for a source of energy that is expensive, unreliable and has very low capacity factor. On top of the direct subsidies the consumer–not the wind farm owner– pays for backup generation transmission and the extra cost of system operation. http://www.adamsmith.org/research/reports/renewable-energy-vision-or-mirage The money being squandered on huge subsidies for expensive and useless renewable energy would better be spent on nuclear power, cleaning coal using hydrogen fluoride and shale gas.

Posted date

2 May 2012

Posted time

9:54 pm

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