Thursday, May 24, 2012

Quote du jour

Total federal subsidies in fiscal year 2007 were $24.34 per megawatt hour for solar-generated electricity and $23.37 per megawatt hour for wind, compared with $1.59 for nuclear, $0.67 for hydroelectric power, $0.44 for conventional coal, and $0.25 for natural gas and petroleum liquids.
In fiscal year 2010, the subsidies were even higher. For solar power, they were $775.64 per megawatt hour, for wind $56.29, for nuclear $3.14, for hydroelectric power $0.82, for coal $0.64 and for natural gas and petroleum liquids $0.64.
-Steve Hayward

4 comments:

  1. GM has shown us that all it takes is plenty of taxpayer money to make anything a success!

    ReplyDelete
    Replies
    1. "Let's throw money at the problem" has always been the liberal's credo.

      Delete
  2. And here you have it ... another failed liberal policy!

    ReplyDelete
    Replies
    1. I was surprised as to just what extent the feds (read: you and I) are subsidizing "alternative" energy. I thought the quote was instructive.

      Delete

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