Utility leader: New England headed for an energy ‘tipping point’

"The New England electricity market will rapidly worsen, requiring further out-of-market actions to adequately compensate generators in order to preserve grid reliability... State subsidies will beget reliability subsidies, driving consumer costs ever higher and doing away with future market-based investments for new or existing power generation."

By |2018-09-06T21:03:08+00:00September 6th, 2018|Energy|0 Comments

Failing the laugh test: Wind, solar power make subsidy accusations

The wind and solar power industries each receive such enormous taxpayer subsidies that all other energy industries combined do not receive as much taxpayer pork as either wind or solar power alone. Big renewable has no interest in sharing.

By |2018-07-26T15:11:29+00:00July 29th, 2018|Energy|Comments Off on Failing the laugh test: Wind, solar power make subsidy accusations

More evidence electric car subsidies are welfare for rich people

“Wealthy consumers who have purchased Teslas and Chevy Bolts primarily to signal their green bona fides for their friends and neighbors, and who have socialized many of the costs of their purchases to those who are less well-off, might wish to take a closer look at the numbers."

By |2018-05-23T22:11:41+00:00May 25th, 2018|Energy|Comments Off on More evidence electric car subsidies are welfare for rich people

Connecticut votes to end costly solar subsidies

Despite vehement opposition from the solar industry lobby, the bill sailed through both chambers of Connecticut’s legislature, passing the state Senate by a vote of 29-3 before passing the House 100-45 in the same week. Malloy, the state’s outgoing Democratic governor, is widely expected to turn the bill into law given his office introduced the measure.

By |2018-05-10T21:03:19+00:00May 12th, 2018|Energy|Comments Off on Connecticut votes to end costly solar subsidies

Another state realized solar subsidies are too expensive

Michigan officials are changing the way solar panel owners are paid for the energy they put back into the grid, joining a growing chorus of states that are recognizing the expensive costs of subsiding solar energy.

By |2018-04-23T04:54:03+00:00April 23rd, 2018|Energy|Comments Off on Another state realized solar subsidies are too expensive

Five key reasons to pull plug on wind subsidies

CFACT advisor Larry Bell argues that the time has come to end the so-called production tax credit for wind turbines that produce intermittent power, require major balancing of the grid, require constant maintenance, devastate bat and bird populations and create health problems for nearby residents, and increase the cost of energy to all.

By |2017-03-06T16:24:09+00:00March 6th, 2017|CFACT Insights|69 Comments

Diogenes searching for honest policies

CFACT Senior Policy Advisor Paul Drieseen outlines the various justifications for wind turbines and biofuels and shows the fallacies behind arguments in their favor. The simple truth is that renewable energy costs more, and that hurts the poor, who are doubly stung as their tax dollars are given as subsidies to wealthy speculators (like Warren Buffett, who chortled that the subsidies are the reason he makes money from wind).

By |2017-03-10T09:21:34+00:00March 6th, 2017|CFACT Insights|34 Comments

The hidden agendas of sustainability illusions

Like “dangerous manmade climate change,” sustainability reflects poor understanding of basic energy, economic, resource extraction, and manufacturing principles – and a tendency to emphasize tautologies and theoretical models as an alternative to readily observable evidence in the Real World. It also involves well-intended but ill-informed people being led by ill-intended but well-informed activists who use the concept to gain greater government control over people’s lives, livelihoods, and living standards.

By |2017-02-10T05:56:21+00:00February 9th, 2017|CFACT Insights|47 Comments

Rooftop solar companies will only play if the game is stacked in their favor

The past couple of weeks have highlighted the folly of the energy policies favored by left-leaning advocacy agencies that, rather than allowing consumers and markets to choose, require government mandates and subsidies. Three major, but very different, solar entities—none of which would exist without such political preference—are now facing their demise.  Even with the benefit of tax credits, low-interest loans, and cash grants that state and federal governments have bestowed on them, the solar industry is struggling. We’ve seen Abengoa—which I’ve followed for years—file for bankruptcy. Ivanpah, the world’s biggest solar power tower project in the California desert, is threatened with [...]

By |2016-04-04T18:36:48+00:00April 4th, 2016|CFACT Insights|10 Comments
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