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
Thursday, May 24, 2012
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GM has shown us that all it takes is plenty of taxpayer money to make anything a success!
ReplyDelete"Let's throw money at the problem" has always been the liberal's credo.
DeleteAnd here you have it ... another failed liberal policy!
ReplyDeleteI was surprised as to just what extent the feds (read: you and I) are subsidizing "alternative" energy. I thought the quote was instructive.
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