Monday, May 12, 2008

Wind ($23.37) v. Gas (25 Cents) - WSJ.com

"Some clarity comes from the U.S. Energy Information Administration (EIA), an independent federal agency that tried to quantify government spending on energy production in 2007. The agency reports that the total taxpayer bill was $16.6 billion in direct subsidies, tax breaks, loan guarantees and the like. That's double in real dollars from eight years earlier, as you'd expect given all the money Congress is throwing at 'renewables.' Even more subsidies are set to pass this year."

No comments: