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The Myth of Reliable, Cost-Effective Green Energy

Governor Neil Abercrombie at Ribbon Cutting Ceremony for Oahu's First Wind Farm. Mar 24, 2010/photo by Gov Abercrombie

U.S. News

Obama's Green Unicorn

The true cost of renewable energy is being masked by government subsidies and bailouts.

By Peter Roff

August 25, 2014

America is about as likely to become reliant on green energy to meet its baseload power requirements as a unicorn is to stroll down the middle of Washington’s Pennsylvania Avenue during rush hour followed by a pink elephant.

It’s just not happening – but that’s hasn’t deterred the modern day snake oil salesmen and their allies inside the Obama administration from continuing to make a push for wind and solar power as an eventual replacement for energy generated from traditional sources like coal, oil and natural gas. Renewable technology has improved, no doubt, but it’s a long way away from being ready to make a substantial contribution to the heating of our homes and the powering of our businesses unless the generous tax subsidies that create the illusion of cost competitiveness continue.

There’s nothing wrong per se with the pursuit of renewable energy; it’s just that what it actually costs is being masked by taxpayer subsidies, federal loan guarantees and renewable fuels mandates at the state level that force power companies to put wind and solar into the energy mix, sometimes at two to three times what traditional power costs. Ultimately, one way or another, the taxpayers and energy consumers are footing the bill even if they don’t know it.

Read more . . .

Link:

Bad Vibrations: Health Hazards of Geothermal and Wind Turbine Noise [Hawaii Reporter] Nov 26, 2012