Losses outweigh gains on electric cars

A battery package for a medium size electrical vehicle costs more than $13,000 – equivalent to the material cost of an entire gas-fueled compact car – and they can require 8 hours to recharge. Then there's the subsidies.

By |2019-01-16T11:39:54-05:00January 16th, 2019|Comments Off on Losses outweigh gains on electric cars
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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 |2018-09-06T21:03:08-04:00September 6th, 2018|Comments Off on Utility leader: New England headed for an energy ‘tipping point’
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Wind industry admits massive project will fail without subsidies

American Electric Power (AEP) announced it is cancelling plans for a massive wind farm project in the Oklahoma panhandle because it cannot get the project approved before generous federal subsidies may run out.

By |2018-08-06T10:30:15-04:00August 8th, 2018|Comments Off on Wind industry admits massive project will fail without subsidies
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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 |2018-07-26T15:11:29-04:00July 29th, 2018|Comments Off on Failing the laugh test: Wind, solar power make subsidy accusations
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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 |2018-05-23T22:11:41-04:00May 25th, 2018|Comments Off on More evidence electric car subsidies are welfare for rich people
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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 |2018-05-10T21:03:19-04:00May 12th, 2018|Comments Off on Connecticut votes to end costly solar subsidies
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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 |2018-04-23T04:54:03-04:00April 23rd, 2018|Comments Off on Another state realized solar subsidies are too expensive
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